Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

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From: Dr. Stoxx	11/7/2007 3:59:33 PM
	of 39683

15:57 Turning into an ugly close for the market... in particular, seeing a lot of the momentum names taking it on the chin: LULU, VMW, BIDU, AAPL, etc 15:54 Equity indices making fresh session lows heading into the close... Dow -341, SPX -42, Nas -75 15:53 QQQQ NASDAQ 100 Trust under aggressive sell pressure into the close (53.35 -1.33) -Technical- Note this weakness breaks the Aug low/Oct high uptrend line and brings price back under its 20-day ema. 15:52 TECHX Dec. e~mini S&P 500 <ES> now testing the daily 200EMA @ 1484.50 after sliding through the 200day SMA @ 1491.00 -Update- -Technical- LoD ~ 1483.00

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