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Strategies & Market Trends : Technical Analysis With Charts

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To: jaker who wrote (2784)	8/15/2006 11:02:54 PM
From: dePaul	Read Replies (1) of 6865

I am with you Jaker. I use the 20 day channel and the Q's are at it now. Markets tend to react the other way once reaching new 20 day highs. Also taken from Vernies site, maximum pain for the QQQQ options is 37. The S&P is at or near 61.8% retrace now. They also could also go just a little higher. I vote lower for next week. dePaul

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