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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Vendit™ who wrote (7507)4/7/2005 5:11:20 PM
From: Walkingshadow  Read Replies (1) of 8752
 
Volumes yesterday and today were underwhelming.... as you know, I've been thinking that the area of $37/50 sma would prove too much for QQQQ, but I want to have a look at the charts, internals, volumes, sentiment, etc.... maybe that conclusion needs to be rethought some.

But even if QQQQ trudges higher from here, I still don't see sufficient evidence that a bottom has been reached, so I expect more downside down to about $35.

T
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