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

To: Walkingshadow who wrote (536)	6/2/2005 9:19:22 AM
From: J.K.	Respond to of 4814

Hey T, Not much time this morning, but I wanted to make a couple of comments about yesterday: NAZ: Yesterday may have been a blow off day (high volume and all). The May 7th candle looks like a twin, if anyone wants to go off that history. However, the candle is not typically a topper, although it does have a pretty good upper shadow - the body is just too big though and hints at continuation, or at least leveling. Indicators are still biased up. stockcharts.com[h,a]daclyyay[db][pb9!b4!f][vc60][iUk12!Up14,3,3]&pref=G We almost tagged that 2100 number yesterday, and with the SOX not surrendering the 9ma, we may yet get a breach of that 2100. stockcharts.com[h,a]daclyyay[db][pb9!b4!f][vc60][iUk12!Up14,3,3]&pref=G One other note: I'm reading across the boards more and more people looking for even higher prices from here - which of course means the reversal is nigh, if not already here -g-. J.K.