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

To: J.K. who wrote (1153)	7/6/2005 3:13:09 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 4814

I just saw a very large volume spike in NDX, one of the biggest in a few weeks. It occurred when the market dipped at about 2:30pm, and stopped the decline. Now NDX is pushing back up kind of slowly. But this only supports further a long position at this time. The market must respond to this sooner or later, and there is a fair amount of this kind of thing that has built up now in the past few weeks. This is relevant to the short- to medium-term outlook; the long-term outlook is very definitely bullish (between now and the end of the year at least). T