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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (4363)3/6/2007 10:52:42 PM
From: Quasi2  Read Replies (2) | Respond to of 6865
 
RE I was watching the Nasdaq 100 and QQQQ volume today,

Hi Ron, yes I was thinking the same thing, I still have my QID's although my entry is a little higher than yours.

I don't see any major reversal yet on the major index's, today was basically the same volume as yesterday and the price action moving without alot of conviction. In the end most index's closed only very slightly above yesterdays highs. I don't think it looks very strong for the reversal case at this point, probably a little more sideways oscillation.

JMHO and subject to change as more info comes in tomorrow.

Happy trading / investing
Quasi



EOM