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To: MythMan who wrote (387100)5/27/2009 10:35:56 AM
From: Real Man  Respond to of 436258
 
QQQQ top was April, 27 at 35.06
May, 4 at 35.09
May, 20 at 35.04

Today QQQQ traded at 35.10 before backing.

It's worth watching. The bulls will pile up on it if
it goes any higher, and so will the bears, as their stops
are a hair above. You know that. Besides, quadruple
tops are rare, if ever. <G>

Edit: 35.16 right now.



To: MythMan who wrote (387100)5/27/2009 11:41:54 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Most of the time you need to correct PS's major levels by about
5%, which means 970-s for the Spoos. <G>