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mr_cash4

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mr_cash4

Re: None

Wednesday, 11/17/2004 5:03:34 PM

Wednesday, November 17, 2004 5:03:34 PM

Post# of 52118
since Friday is ideally the next 6-7 day cycle low, and since we are fairly overbought, and since Friday is also O/E and considering that the MaxPain for QQQ is 37.00 (QQQ at 39.12 right now), we may get a sharper sell-off at least towards QQQ 38.00 (so we are 1 QQQ pt away from MaxPain), i.e. at about NDX 1530 horizontal support.

again, no price target yet from cyclical standpoint, but that may/should change tomorrow.

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