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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (42691)4/26/2001 8:21:41 AM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
43-1/2 is a strong support line for the QQQ. To smash through it, you'd need some pretty bad news.

I think the GDP figures tomorrow will provide that bad news.
A worse decline in March may send the market spiralling down in anticipation of a worsening trend in the GDP for the 2nd and 3rd quarters.