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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Jill who wrote (6570)	3/16/2005 7:11:30 PM
From: Vendit™	Read Replies (2) of 8752

QQQQ Analysis Update: The chart below is in 10-minute time frames and covers Monday through the close today. themarketwind.com Last Sunday’s QQQQ forecast: Message 21129926 Through the close today the QQQQ has moved almost perfectly as predicted in the Sunday forecast and has hit the first lower target of 36.76 today and came within .07 of hitting the second lower target of 36.46 that I predicted if the first target was breached, which it was. Based on the 15-minute chart there is a good chance that the QQQQ will again open flat and the lower target will get hit but I do expect the QQQQ to begin a longer term recovery tomorror. 15-minutre chart: 139.142.147.22 Looking at the daily chart of the QQQQ I see signs that this corrective sell-off is ending and a short term rebound is about to begin. 139.142.147.218 Reid

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