aj99 I did not say how long the Pivot Low of 5/3/04 will last. Why? Because I do not know. I bought when Les's 130 SEMI 10d were under 10. Now the SEMI are 24. So it is now time to hold until .....some thing changes the current up trend.
By the way did I tell you about the study "active trader mag" did on the QQQ over the last few years ?
They found the % rise off the Pivot Lows were a "bell shaped distribution curve." And that is no big surprise.