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


To: Vendit™ who wrote (5774)3/3/2005 10:55:39 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
<< This paints the picture over the longer term that the break out of range will be up rather than down once we get to that point but this is based on speculation and not technical analysis. >>

I think there is technical evidence that you are correct.

QQQQ is in a long-term uptrend:

139.142.147.218

Volume patterns are consistent with accumulation. The market has not yet reacted to this, but it will.

Still, as we've posted, it looks like we have to visit lower levels before QQQQ can gain enough momentum to end this correction and power through that stiff overhead above $38.

T



To: Vendit™ who wrote (5774)3/3/2005 11:28:28 AM
From: Walkingshadow  Read Replies (3) | Respond to of 8752
 
AAPL is making a rare appearance near the 20 ema, coming into the buy zone.

139.142.147.218

T



To: Vendit™ who wrote (5774)3/3/2005 2:55:06 PM
From: Gush  Read Replies (2) | Respond to of 8752
 
Reid,
You have been calling the qqqq’s perfectly since my first day here.
And you called this week nicely again.
I have learned a tremendous amount of information on T/A from you. And every week I learn more.

Terry has also contributed tremendously. On Monday your weekly analysis didn’t look like it was going to pan out. But your T/A was flawless.

The daily QQQQ updates that Terry and you provide are extremely valuable and keep me on my toes.

Concerning the current QQQQ trend:
I also believe that the breakout my be upward. I believe the medium term linear regression lines show that we have almost bottomed out.

I ’m going to stay on the sidelines until I see signs of a definite trend.

GUSH



To: Vendit™ who wrote (5774)3/3/2005 3:43:02 PM
From: Jill  Read Replies (1) | Respond to of 8752
 
Reid...can we add TKO to the watch list? It's looking attractive to me but that's merely looks -g
I think its quantum entangled with ABTG or somethin' -g