SI
SI
discoversearch

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 : Playing the QQQQ with Terry and friends.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walkingshadow who wrote (463)5/31/2005 12:34:59 PM
From: IHateSourCream  Read Replies (1) of 4814
 
>>I don't think that will happen this time because the index still has a lot of unprocessed pressure downwards from the accumulation/distibution patterns, and anyway the rather meteoric rise over the last month has been highly abnormal by historic standards.<<

Hi Terry,

I'm seeing a huge surge in volume just after 11am when the QQQQ plunged south. Even around 10am when the QQQQ started going lower -- there's an upsurge in volume. Wouldn't this indicate buying pressure? Wouldn't we need just the opposite (i.e. surges in volume when the QQQQ spikes upward) for the QQQQ correction to take place?

139.142.147.22

I'm sure I'm missing something obvious, but from this untrained eye -- there appears to be more buying pressure than selling pressure.

Thanks in advance.

IHSC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext