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


To: Venditâ„¢ who wrote (7564)4/8/2005 6:30:25 AM
From: Gersh Avery  Read Replies (1) | Respond to of 8752
 
That'll be nice!



To: Venditâ„¢ who wrote (7564)4/8/2005 8:30:06 AM
From: J.K.  Respond to of 8752
 
Yes, but will it stay awhile, or dart out the back door?



To: Venditâ„¢ who wrote (7564)4/8/2005 11:42:14 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
QQQQ traded above $37 for a little while but got turned back.

139.142.147.22

I think it will make another attempt, but get turned away again and finish down on the day below $37. The daily chart shows early sell signals, mildly overbought conditions, and the BBs again starting to contract. I think the BB contraction will get resolved to the downside, and QQQQ will head towards $35 in the coming weeks.

139.142.147.218

There has been progressive weakening in OBV since mid-February, as you can see. This is not consistent with a rally up to $38 levels, and is more consistent with failure at the current test of resistance. Looks pretty much the same with the faster stochastic:

139.142.147.218

....all IMHO,

T