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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (10696)	2/21/2002 9:01:54 PM
From: Dominick	Read Replies (1) \| Respond to of 19219

Watch NDX along with vol on Nasdaq for better clues. I use Esignal, QuotePlus2 and Metastock for charting. None has volume for NDX. But that's ok. The price spread and patterns are the same for QQQ and NDX. I can determine direction from that. As for QQQ volume, I see no conflicts between price action and volume.......so far. And selling in the 20's? I won't be selling if it does. I already have a 2k shares of QQQ that I've cut my cost basis down to 28 via option writing. I'll do the same with the next batch while I wait for the recovery. Dominick