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


To: Venditâ„¢ who wrote (8086)4/22/2005 7:49:59 AM
From: Walkingshadow  Respond to of 8752
 
Yes, looks very good, up 12% yesterday.

I think we might see a run at the top rail of the BB, but there is chart resistance prior to that also, at about $30.

139.142.147.218

I'm holding long, looks like it will move strongly.

T



To: Venditâ„¢ who wrote (8086)4/22/2005 8:02:28 AM
From: Walkingshadow  Read Replies (3) | Respond to of 8752
 
Overseas markets were all in the green, not surprisingly. But the index futures are trading down considerably right now.

I don't like the volumes yesterday. I think we'll see some downside to again test support in the very short term. After that, we are looking at upside rally. There will be trouble at overhead, and I expect it will take QQQQ several tries to get above the sequential resistance levels overhead.

How strong QQQQ will be is going to depend upon the short- and medium-term volume changes associated with accumulation and distribution, IMHO. I anticipate a buildup there, but this will require some choppiness first as QQQQ repetitively tests support levels.

139.142.147.22

We should see $35.20 today, possibly lower down to test $34.80

T



To: Venditâ„¢ who wrote (8086)4/22/2005 6:15:31 PM
From: KLP  Read Replies (1) | Respond to of 8752
 
Thanks Vendit...The annual meeting is someplace around the 23rd or so of May...It will be interesting to see where this goes ...