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

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To: stock2005 who wrote (281)5/20/2005 12:41:35 PM
From: Chilidawgz  Read Replies (1) of 4814
 
you have COMPQ AD weak while the Q remains levitated. The up volume is larger than down volume. This is just a guess but it takes only the top tier of large components in the Q to hold the index up...they are playing with it.

Right now they are holding the QQQQ up with QCOM,INTC,CSCO and AMGN

Something to consider. If they can erode this overbought condition with basically a sideways move the next spurt may be higher. Quite a little game eh?
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