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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 (907)	6/17/2005 2:48:59 PM
From: Walkingshadow	Read Replies (2) \| Respond to of 4814

Hi Gush, <<I see no evidence that this sucker isn't going to fall off a cliff soon.>> Maybe you are right. But I think it is very important to note that SBUX is in an uptrend (long term), and has been for almost 200 weeks: 139.142.147.218 Now, medium term we are in what at first appears to be a downtrend: 139.142.147.218 BUT.... that medium-term downtrend looks to be over, and short term we are in a clear uptrend: 139.142.147.218 Note where that last candle is relative to the regression rails..... T