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

To: Zeddie88 who wrote (6898)	3/22/2005 6:59:45 PM
From: Vendit™	Respond to of 8752

Sue, If you are long you may want to make a mental stop some point below today’s low, 84.59. The Qubes look like they are going to meet the bottom L/R channel line due to Greenspan’s change in policy today at 2:00 PM. 139.142.147.218 It will take the market at least another session to decide which direction that it is going to go. Greenspan’s remarks were directed at the price of oil. However, his cure would hurt the housing market so I think it will take a few days for The Street to sort all of this out. Look for a relief rally as the QQQQ hits the bottom L/R channel line. Reid