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


To: Gersh Avery who wrote (6355)3/12/2005 4:01:12 PM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
Gersh,

I’ve been playing with your forks this morning and see they are comparable to L/R and good for finding trends and support as you previously stated.

Below are a one year and a fairly short term fork chart of the QQQQ. I especially like the short term chart as it shows the break-down that occurred in the market late last week.

This is a duplicate of the chart you posted of the NAS. Mine id of the Q’s covering a one year period:

themarketwind.com

The next chart is short in time-frame and I captured the current trading trend only:

themarketwind.com

Note the breach in the lower trend tine on Thursday and Friday.

Reid