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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (91361)5/17/2005 10:12:01 PM
From: rab120  Read Replies (1) | Respond to of 100058
 
Hi Terry!
It's a big pleaser to meet you on this board!
I have a question to you: what is he best entry point for QQQQ
Agree with you 100% that the trend has been changed. For how long I don't know, and I'd like to get in,just don't know when.
I don't expect for exact numbers, just a range

Good luck with a new thread



To: Walkingshadow who wrote (91361)5/18/2005 5:24:06 AM
From: autopilot  Read Replies (1) | Respond to of 100058
 
WS: Thanks for the chart links and informative post. I am a more of short term trader than these charts would allow for me. I am anxious to see the quality of the next pull-back to see where I should be leaning. The NDX has been leading, as you say, but near term it is getting overbought and there as been some divergences eg. volume. The lows may indeed be in but technically we are still in a downtrend until the April highs are taken out. The May highs would be a good first step and we are not too far away. Today should be interesting. Good trading to you!
AP