Ask Vendit Off-Topic Questions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vendit™ who wrote (7727)	4/13/2005 12:29:13 PM
From: Walkingshadow	Read Replies (2) of 8752

The probability of QQQQ approaching $37 is looking dimmer all the time. As I predicted, despite the drop in oil and the supposed FOMC-related "sigh of relief", the rally yesterday in QQQQ was short-lived with no follow through. At the moment, QQQQ has failed at the 40 ema on the intraday chart, retested, and failed again. We are heading down, and QQQQ is trading at the low of the day at about $36.30 as I write this. 139.142.147.22 Volume looks fairly decent so far. I expect we'll see $36 tested very soon, probably later today. There may be a bit of consolidation there, or even another ill-fated rally attempt, but I think it's a foregone conclusion that $36 will fall and we'll head on towards $35. T

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next