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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 (733)6/8/2005 12:49:58 PM
From: Walkingshadow  Respond to of 4814
 
Maybe you are right, if you place a stop at the lower BB rail, that would still be a 14% loss.

139.142.147.218

Still, chart support here looks pretty solid to me, RSTG has been consolidating, and has show an propensity for explosive upside moves for reasons that still mystify me.

I'm still long the underlying here, and not likely to sell anytime soon, especially since I am way way ahead on the position. This thing looks like it's coiling to me. Patience will be well rewarded here I think.

T