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


To: sandintoes who wrote (865)6/21/2005 8:12:49 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
No, I don't think that gap will fill.

The lower BB is at $6.15 right now.

139.142.147.218

Furthermore, TIVO is in an uptrend now:

stockcharts.com[w,a]daclyyay[pb50!b200][vc60]&pref=G

Those two big white candles at the tops of the gaps will together provide very strong support. I don't think TIVO will drop down into that gap.

I would very much like to see TIVO trade down towards that gap and get extremely oversold. That would constitute a very nice potential entry for a long position IMHO.

T