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


To: Gush who wrote (5570)2/28/2005 1:54:40 PM
From: Walkingshadow  Respond to of 8752
 
I think there's little hope that contraction can be resolved any other way than a strong push against the lower BB rail.

Message 21087884

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stockcharts.com[w,a]daclyyay[dc][pi!d20,2][vc60][iLyb20,2.0]&pref=G

The only other way the contraction could be resolved is by a strong push on the upper BB rail, which would require QQQQ to rally to about $39 or even higher. That is extremely unlikely, IMHO.

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