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: gregewing	8/1/2005 8:47:40 PM
	Read Replies (2) of 4814

Close to pulling the QQQQ short. Here is why: RSI = 68 Very close to upper BB Stochastic = 89 Williams %R = -25 When RSI tops 70 and Williams drops under -15, this chart will have overbought written all over it. The Williams very recently turned down again. My guess is OBV will flatten or turn south in synch with the Williams indicator. I am basically waiting for the volume to drop off. Looks like good support around $38.25 Where am I wrong? 139.142.147.19

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