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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: somatics1 who wrote (29138)10/21/2002 8:38:22 PM
From: Ken W  Respond to of 29382
 
Hi George

QQQ, only as a very short term trade.

siliconinvestor.com

The 30,60 and daily are all indicating a pull back here, but I'd be leary of holding it short for very long. The market is looking for a rally due to Oct. tradition, so a rally it shall have. Once again FA has gone out the window on the more liquid stocks as the traders are running the show. Value money is still sitting on the sidelines waiting for comformations (as they always do) while the fast and furious sweat out the 10 and 20% quick moves.

Ken