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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 (664)6/7/2005 12:19:18 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
I think you probably timed the UNH exit perfectly. Even though today's candle was bullish, Friday's was bearish, suggesting indecision. And both were outside the rapidly expanding BBs:

139.142.147.218

UNH will pull back within those BBs any time now, but there are zero technical sell signals.... so maybe that will happen by UNH just sliding sideways into that exploding BB, then continuing up, maybe testing new support first.

I am still long, I am gonna hold this one for a while. That blue sky breakout tells me that patience will be well rewarded here, and the downside risk is rather minimal.

T