the naz has turned from red hot to ice cold!!!

my call in july was for a break of the sideways trading to the UPside and then it would suck everyone in and then come crashing back through and fill gap at 1700 for the final bottom... it sure is acting heavy now... in the old days of Last month it would be up big today...now its an anchor...could be the tell!!!

QQQQ daily

http://stockcharts.c...id=p40445340580

very simple weekly, showing closes -

http://stockcharts.c...id=p73839223626

Edited by hiker, 26 August 2008 - 10:52 AM.