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

To: rrufff who wrote (456)	5/31/2005 8:40:23 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

Hi rruff, Yes, you are correct. I don't think that will happen this time because the index still has a lot of unprocessed pressure downwards from the accumulation/distibution patterns, and anyway the rather meteoric rise over the last month has been highly abnormal by historic standards. That said, you do make a good point. I want to examine in more detail what has happened in the past with extreme BB expansion when I get a chance. So hopefully I will be able to look at this and get back to you later today or tomorrow with my interpretation of that. T