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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (406)11/12/2000 2:24:25 PM
From: Iceberg  Read Replies (1) | Respond to of 840
 
>Have you ever heard the phrase sell into strength, and buy on major weakness

robert,

I have. And it's a strategy that makes sense to me. That's what I've been doing.

I'm not sure how that's connected to TA however. TA is saying [I think] more weakness ahead for the QQQ?

Ice



To: robert duke who wrote (406)11/12/2000 2:34:54 PM
From: bob wallace  Read Replies (1) | Respond to of 840
 
buy on weakness and sell on strength works well in a trading range

buy on strength and sell on weakness works better in a trend

the NDX (qqq) just broke through the bottom of a long established trading range

it is un clear that buying weakness right now is appropriate

Bob Wallace


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