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

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To: Gush who wrote (893)6/20/2005 6:36:26 PM
From: Walkingshadow  Read Replies (1) of 4814
 
Hi Gush,

You still in PLUG?

Very nice trade... but today there was a reversal candle outside the BBs, and Williams is showing early signs. I think we'll see a correction here, a pullback inside the BBs.

139.142.147.218

PLUG may have another day of upside or sideways shuffle, and I would watch for further evidence of technical deterioration. But PLUG will no doubt offer another entry soon after a pullback. If you are really slick you can play both the pullback and the reversal.

T
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