SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (780)6/9/2005 11:06:06 PM
From: ds1975  Read Replies (2) | Respond to of 4814
 
Gush...

What are you seeing that makes you want to be long the q's right now...

I am still seeing sell signals... and while it found support off the 20 dma... it still appears to have downside pressure...

I believe the long term trend is up from hear... and actually started nibbling on some Jan 06 calls... but still think I might get a better price than today... JMO...

So... what are you seeing in the charts?

Thanks...



To: Gush who wrote (780)6/9/2005 11:20:36 PM
From: Walkingshadow  Respond to of 4814
 
Wow, cool! Dead spot on!

How's yer batting average?

T

P.S. Very large bearish volume spike today.... right after that, the market pulled back. I still think there's a lot of this that still needs to be processed.



To: Gush who wrote (780)6/10/2005 10:24:30 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Hi Gush,

Looks like that $37.50 level may get tested again very soon.

QQQQ is currently just off the low of the day ($37.56), printing $37.60.

139.142.147.22

This is a bit below the middle of the BBs now:

stockcharts.com[h,a]daclyyay[db][pd20,2!b200][vc60][iLk14!Lyb20,2.0]&pref=G

Note also that the BBs are contracting rather rapidly now.

T