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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: Ally who wrote (4376)11/12/2000 10:27:20 AM
From: CharlieChina  Read Replies (2) | Respond to of 8925
 
Opps...

Along with everything else, the market will not like this:

dailynews.yahoo.com

Using, NASDAQ, and its current descending channel, 2750-2850 by Tuesday, 4:00 pm ... very possible



To: Ally who wrote (4376)11/12/2000 9:51:24 PM
From: Teresa Lo  Respond to of 8925
 
I have to enable everyone to get in there tomorrow...so that's why you haven't been able to get in.

As for trading QQQ, I personally don't think it should be traded rapid fire, like you can the ES/NQ. However, you can apply all the techniques, but using a larger timeframe.

Teresa



To: Ally who wrote (4376)11/12/2000 10:02:54 PM
From: underdog430  Respond to of 8925
 
Dan4T,

The QQQ tracks the NASDAQ 100 so it is more of an approximation of the NQ than the ES. It trades on the ASE and I think that you'll find that the spreads are wider (proportionally) and the executions are much slower (painfully so) compared to the equivalent futures contracts. Therefore, you could use the setups that Teresa shows on the NQ but the slippage would probably hurt your odds of success with intraday trading (although longer term trading would be affected less).

Mark

Mark