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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (130531)3/10/2006 12:57:26 PM
From: chainik  Read Replies (2) of 209892
 
<Here's a fun bet if anyone wants to take me up....I think the low is in for the year on the QQQQ as of this morning>

S, you are such an optimist (g).

From the bearish point of view this rally looks like an opex-related low-volume bounce from oversold level, nothing else.

The major problem is the 10-Yr note going down, and, according to COT, it is not even close to the bottom.
freecotcharts.com
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