Playing the QQQQ with Terry and friends. Message Board

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

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From: Kevin	5/26/2005 10:30:30 AM
	Read Replies (2) of 4814

Haven't seen anyone post any resistance levels and/or support levels for QQQQ yet today. I calc'd the following resist levels: R1: 37.93 R2: 38.05 R3: 38.14 R4: 38.34 R5: 38.47 And the following supports: S1: 37.76 S2: 37.65 S3: 37.47 S4: 37.34 Qs are still showing some overbought signals, but not as strong as Friday and Tuesday. I'm thinking we'll test the 38.34 resistance level...then possibly begin selling off some from there, with a close just above 38. Just my 2 cents...which is worth slightly more than a penny ;-)

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