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

To: J.K. who wrote (705)	6/7/2005 7:31:09 PM
From: Gush	Read Replies (2) \| Respond to of 4814

I see (5,3,3) forming bottom in a day or 2. Gush gonna go LONG the Q's soon!

To: J.K. who wrote (705)	6/8/2005 1:19:06 AM
From: Walkingshadow	Respond to of 4814

I have only two sources of misgiving... one, that this is just too perfect, and two, there was a huge volume spike today that stopped the selling. Regarding the second, I happened to see this appear real time. I didn't see the time and sales, but it looked like a huge block traded, which smells like program trading to me. It was so bizarre I thought it was a mistake, and possibly it was, some kind of glitch in the programs. But whatever, the fact remains that the amount of distribution volume still unprocessed that has built up over the last two weeks or so dwarfs the accumulation volume even after taking this into consideration. So this pullback has a ways to go still I think. T