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

To: Walkingshadow who wrote (998)	6/24/2005 1:12:13 AM
From: Gush	Read Replies (1) \| Respond to of 4814

Bud, SBUX BB's were extremely contracted. History tells us that the expansion will be significant... Therefore, I think it's safe to assume that sbux would move 3-5 points during that expansion. And now that we know it's bearish, I believe it will go at least as low as $51.00.. probably lower. The gap below that may also get filled. Gas prices high. Getting higher... Q's expanding on the lower BB(unless tomorrow changes things) tells me SBUX will follow the q's trend. Peace buddy, GUSH