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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 (290)	5/20/2005 2:44:24 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

Hi Rab, Not watching things much, I am in and out. But I did notice there is a surplus of selling volume that acts as resistance. It is not a dramatic surplus, much of it is compensated. QQQQ is trading at the high of the day right now. I am still waiting for it to react to the resistance that has built up, but so far there has been no overhelming spike in volume that will control the day. It hasn't happened yet, but all the things I saw that indicate correctioon (short term) are still in place, so I still think the question is not if, but when. T