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

To: Gush who wrote (415)5/25/2005 12:37:20 PM
From: Walkingshadow  Respond to of 4814
 
So far, I have not seen anything that will stop the pullback.

But I do think it will be an orderly pullback, and moderate, and will probably take the rest of the week at least to complete.

T



To: Gush who wrote (415)5/25/2005 1:21:34 PM
From: Walkingshadow  Respond to of 4814
 
Just saw a fairly strong volume spike in QQQQ just after 1 pm ET that should send QQQQ moving up a bit, or at least prevent further trading down for the time being.

139.142.147.22

It is very difficult or impossible to appreciate on the above chart, however.

This is an intraday thing only; it does not change my outlook for the next several days. Also, it was partially neutralized by opposing (smaller) volume spikes that already occurred today.

T


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