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

To: herry iball who wrote (948)	6/21/2005 1:43:42 PM
From: Walkingshadow	Read Replies (2) \| Respond to of 4814

Yeah, I can't see that being sustained very long at all. QQQQ is having a lot of trouble today at $38.00, keeps getting bounced back. And QQQQ has been repeately turned away from the 20 sma overhead over the last week---7 consecutive closes now below the 20 sma, and today is the 7th session in a row when the 20 sma has been tested unsuccessfully. stockcharts.com[w,a]daclyyay[da][pb20][vc60]&pref=G That's not the sort of thing that encourages the sort of bullishness that would be required to maintain that fork. T