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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Slagle who wrote (171)	5/18/2005 12:15:28 PM
From: J.K.	Read Replies (1) \| Respond to of 4814

...wow, shorts are crying bloody murder today (not you Slagle, I mean shorts from last few weeks). No doubt you'll do fine here, but if I was looking to go short, I'd do a short-sell-stop on 37 right now. edit: keep in mind the NAZ has a nice open gap today, that will get filled. Also, 2025 was a clear resistance area there. stockcharts.com[h,a]daclyyay[da][pd20,2!b200!f][vc60][iUp14,3,3!Uk12]&pref=G

To: Slagle who wrote (171)	5/18/2005 12:46:34 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

Hi Slagle, You're always welcome here, post anytime you like, whatever you like. You are right, tech has come alive. But the aspect of tech that is really a driver of the NDX or QQQQ is the semiconductors. That is the index I'll be keeping track of, since it is rising to test overhead at $445. stockcharts.com[w,a]daclyyay[dd][pd20,2!b200][vc60][iLg!Lyb20,2.0]&pref=G That test will very importantly determine the fate of QQQQ, because without the participation of the $SOX, the other indexes can only meander without real conviction. T