on such a note of euphoria, if a poll were run asking:
what will be the swing low for QQQQ between now and October?
I guess the majority that are actually trading Q's or related right now would answer 38-40 or below
let's see if support near $41 gets taken out between now and October
dreams and predictions are fine for those who trade based on beliefs....
Ted Burge has some good work here in 8 pages of charts on where price action is likely to run into support and resistance
$42.18 horizontal S/R is now what is being challenged ....and retest of last week's low...that 42.18 H level has been on the chart for years...
http://stockcharts.c...et?obj=ID445101
his other site -
http://www.tic-tac-d...RINDEXPAGE.html
http://www.tic-tac-d...ONENTSPAGE.html
Edited by hiker, 05 March 2007 - 08:56 AM.