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

To: Vendit™ who wrote (6910)3/22/2005 6:51:43 PM
From: Gersh Avery  Read Replies (1) | Respond to of 8752
 
>If you back test in longer time frames you will see some breaches of the 200 EMA but a reversal just under that area generally occurs fairly fast under “normal” market conditions.<

I like what happened near the end of 2000 ..

So then your chart here:

139.142.147.218

6 mon / 126 LR chart.

Are you suggesting that the lower line should function as strong support now?



To: Vendit™ who wrote (6910)3/22/2005 6:51:59 PM
From: Zeddie88  Read Replies (2) | Respond to of 8752
 
Reid and Terry, so given how we broke through the 36.39 you mentioned in Sunday's analysis, does that mean that the upswing you'd seen coming can now be kissed goodbye? IOW, how does today's action impact your views of where the QQQQ is heading. Thanks.

Sue


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