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


To: Gush who wrote (4327)1/27/2005 4:38:34 PM
From: Vendit™  Respond to of 8752
 
Gush,

Closing EL was a good idea IMO.

139.142.147.218

The chart says its flirting with a reversal.



To: Gush who wrote (4327)1/27/2005 6:15:22 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Gush,

The QQQQ produced a spinning top candlestick today and Williams %R is running flat on this latest short-term up-trend through today’s close.

139.142.147.218

This means that Bulls and Bears are equal in numbers so tomorrow could go either way. Because of this condition of neutrality I decided it best to let the market sort things out on Friday and see which way the short term trend is established prior to me doing another stock scan.

Expect another full QQQQ analysis and a short and long scan to be posted here and in this thread’s header this Sunday.

Reid