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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Patrice Gigahurtz who wrote (81525)8/21/2001 7:05:24 PM
From: Sweet Ol  Respond to of 99985
 
The QQQ's are running out of support until the April low or the support of the FTC. They both converge soon. The drop the last two hours was on big volumes.

<img src="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQ,uu[g,a]dhclyymy[pb50!b200][vc60][iut!ub14!la12,26,9!lp14,3,3][J1182210,Y]">

The only trouble with my QQQ short is that it is not big enough<GGG>.

Best to all,

JRH



To: Patrice Gigahurtz who wrote (81525)8/21/2001 8:26:01 PM
From: el paradisio  Respond to of 99985
 
For me, QQQ 37.50 was the last bullish support, so I was taking a chance. I've sold today and will try to play trading range...possibly 35-38 short term.

el