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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (53221)4/18/2002 7:00:19 PM
From: furrfu  Respond to of 99280
 
QQQ is going to go to (NDX-7)/40. This is where it always goes, +/- a couple pennies. Being a mechanical guy I think of the 7 points as friction. An electrical guy might think of resistance, a gambler of "juice."

The big discrepancies come from QQQ posting trades until 4:30, whereas NDX is cut off at 4:00. Consequently QQQ is affected by the earnings and warnings that take place. But the next morning, go back to the top of the message.

Doug


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