DayTrading QQQ Swings (QQQ): yep .. good thinking . . . . QQQQ is at...

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DayTrading QQQ Swings (QQQ)

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Re: boutonj68 post# 4271

Thursday, 03/05/2009 12:07:39 PM

Thursday, March 05, 2009 12:07:39 PM

yep .. good thinking . . . . QQQQ is at a decision point here ..
it's quite OverSold in all time-frames . . .
but the IT Chart is not showing a Trend Reversal ...
and I will only Trade in the IT Direction . . .
so it makes sense to just sit tight and relax.
26.60 looks like it is providing good Support now . . .
but there is no way of knowing what will happen during lunch now.
Go do something else now ... enjoy yourself relaxing!
LOL

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