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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (2689)	12/16/2004 10:33:13 PM
From: Vendit™	Read Replies (3) \| Respond to of 8752

Terry, Today market-wise, we have a decay of momentum. Technically speaking, over-all volume has been drying up or waning as you Terry said earlier about Bollinger bands. The fore mentioned points to be a general weakening of the QQQQ. stockcharts.com[h,a]daclyyay[db][pd20,2!i][vc60][iLp14,3,3!La12,26,9]&pref=G All boats (stock) rise and fall on the QQQQ waters via a rising or a falling (technical) tide. The “key” for tomorrow is the 20 EMA. If the 20-EMA does indeed get breached, Then expect ALL tech players to follow. Or…If the there is a bounce of the QQQQ at the 20-EMA tomorrow, expect a similar bounce to take place in most of the techs. Wave runner, Reid