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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To: J.K. who wrote (3014)	11/1/2005 5:50:15 PM
From: Walkingshadow	Read Replies (1) of 4814

QQQQ looks a bit better, but I think a retest of $38 is coming up here: 139.142.147.19 And the 200 sma sits just below $38, burrently at $37.95: stockcharts.com[w,a]dacayyay[dc][pd20,2!c200][vc60][iLk14!Ll14]&pref=G But as I said before, I don't see a lot of downside left in QQQQ at this point. It's gotta break out of this downsloping regression channel: 139.142.147.19 You can see the upsloping trendline over the last week or so, and how that relates to the bottom rail of this dominant channel: 139.142.147.19 That longer-term regression channel is winning out, as expected. We might possibly get one more test of the lower rail, but I don't think there's much question which way the break will be. T

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