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

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To: Jill who wrote (539)6/2/2005 11:10:22 PM
From: Walkingshadow  Read Replies (2) of 4814
 
Hi Jill,

PD is really setting up nicely here.... this is very very tempting:

stockcharts.com[h,a]daclyyay[dc][pb50!b200!f][vc60]&pref=G

PD has rallied into resistance and is failing there, at the declining 50sma, and formed a very bearish gravestone Doji.

And, that level coincides with chart resistance:

stockcharts.com[h,a]daclyyay[dd][pb50!a90!f][vc60]&pref=G

Immediately above the 50 is the 200 sma, and there has been a bear cross. Technicals are getting overbought, and there is an early sell signal (unconfirmed) in Williams.

139.142.147.218

T
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