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

To: Vendit™ who wrote (7112)	3/29/2005 11:27:47 AM
From: Walkingshadow	Read Replies (2) \| Respond to of 8752

The L/R charts in AskResearch are close (not identical for some reason) to those of Stockcharts if you set the duration the same: 139.142.147.218 So it looks like the middle of the regression channel coincides with chart resistance from last month that was broken a few weeks ago. The 20 sma lies about $0.20 higher at $37.00, but it is descending faster than the regression lines. stockcharts.com[h,a]daclyyay[dc][pb50!b20][vc60]&pref=G My guess is that by maybe Thursday or Friday (roughly), these two resistance levels will be identical. If QQQQ has rallied up that high by then (likely, IMHO), this will be a good place for potential reversal, particularly since that area represents chart resistance as well. So depending on how momentum, volume, etc. looks at that time, I will probably reverse my long position there and go short. T