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Strategies & Market Trends : Technical Analysis With Charts

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From: Ron	3/6/2007 9:55:27 PM
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I was watching the Nasdaq 100 and QQQQ volume today, and decided to keep the half-lot of QID long for now. Since my entry is just below 50, I have set a sell stop at 54.10 on QID, we'll see what happens. QID: stockcharts.com Still watching QLD for an entry. Again,the power of the move, using volume as the primary indicator will determine whether I pick up any QLD or not. The indexes definitely showed some strength today but I would have been a lot more impressed if volume had been higher. QLD: stockcharts.com

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