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

To: rab120 who wrote (203)	5/18/2005 10:17:45 PM
From: Walkingshadow	Respond to of 4814

LOL! Well, I guess I better eat those words, I didn't know he bought front month contracts. Gush knows he'll be lucky to get out of this one in one piece, and it'll take a miracle to break even. I didn't think we'd see this kind of rally today; I anticipated a bit of rally in the morning, then selling in the afternoon. We did see some pullback in the afternoon, but I thought there would be a lot more. I think some of this rally was short covering. But I'm short now, and I expect selling tomorrow. For Gush's sake (and my own!) I hope there's a whole lot of selling. We should have seen selling today, and instead that just got postponed. Volume patterns show that today there was even more selling pressure accumulated that must be released. T