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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: Gush who wrote (221)5/19/2005 10:48:27 AM
From: Walkingshadow  Read Replies (1) of 4814
 
Incredible....QQQQ shows excellent follow through again, picked up where it left off, charged up to $37.45 but found a volume spike of selling there:

139.142.147.22

Now it is pulling back from that high, currently trading at $37.34. So I think this should continue, but I haven't look at the internals yet.

The markets are split now, Dow is down, SPX up just a bit.

Telecom, retail, networking, hardware and software sectors doing well, but materials, health care, industrials, utilities, drugs, biotechs, and banks are not.

T
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