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Re: FinancialAdvisor post# 6391

Friday, 04/08/2005 12:54:50 PM

Friday, April 08, 2005 12:54:50 PM

Post# of 25966
*QQQQ daily: Q's getting flushed, volume fails to confirm as does RSI... now Q's at new intraday lows, but again volume not really strong, expecting post-lunch volume to kick in and direct the ship one way or another, bid pressure now kind of strong in the $36.7's... technical indicators and volume should tell the story, note also how today's 50 day SMA resistance held firm and that the markets are down today and on significant volume (46 million currently for Q's) despite oil being down rather significant at the moment it's down .86 at 53.25... should this trend continue into Monday... this would certainly foretell of something troubling to the economy looking forward...







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