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Re: jenna post# 18759

Wednesday, 10/22/2003 12:31:23 PM

Wednesday, October 22, 2003 12:31:23 PM

Post# of 25232
QQQ (our newsletter chart below) was called short again at the break from that rally attempt 35ish..and that's where the short was (34.93 to 34.84) You might have also shorted earlier but definitely in the 34.60 area you would be shorting the lows again. The QQQ might though be a swing play. Following others into plays shorting lows and buying highs is not the way to trade, neither is buying falling knives because of small "pauses that refresh"
Our initial target was 34.50 but I think we are going to head even lower on the QQQ. I expect any minute the lows to be taken out. LOVE THIS EARNINGS SEASON!









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