SPDR S&P 500 (SPY): Gleno, yeah so far QQQQs don't look too...

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Re: GLENO34 post# 56465

Wednesday, 07/30/2008 10:12:37 AM

Wednesday, July 30, 2008 10:12:37 AM

Gleno, yeah so far QQQQs don't look too inspiring. The daily candle looks like last Thursday with that bearish shooting star. Today will be an important day. Again, if we close above 73.50 on the renko for QLD, it signals a trend change to the upside. I guess we will see. I am going to put an order to sell 1/2 position at 200dma.

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