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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (74582)2/13/2007 7:40:19 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Message 23236417
Message 23237338
-g-



To: GROUND ZERO™ who wrote (74582)2/14/2007 12:51:45 PM
From: blitzfund  Read Replies (2) | Respond to of 94695
 
GZ I agree with yout earlier post.

I'm looking at a weekly chart of the QQQQ. Yes, it looks like consolidatin (others might call it distribution).BWDIK

I was doing some math. A 10% drop would bring the QQQQ to 40.00 and a much worse drop of %20 would bring the QQQQ down to arond 35.00 (around the long term trend support line).IMHO

Blitz

P.S. although since it expiration week we might have to look to next week.


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