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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (16711)	12/1/2000 7:37:55 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 19374

Not often, but those charts are eye-opening. I usually look at 5 minute or sometimes 1 minute charts intraday, but to me, the technical indicators are all but useless in this time frame, with the exception of MACD and sometimes OBV. Technicals seem to get more useful as the time frame is expanded. Essentially they appear to be visual confirmation of a short-term bottom, the bears losing to the bulls for now. That was my take glancing at the returns sporadically during the day, since the Naz was down at the open, went down further, then rallied later. But, point well taken. Guess I'll have to look at those more often. Thanks, T Edit: You're up early/late! QQQ futures have been moving up all night, now up 3.3%