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Monday, April 11, 2005 10:23:45 AM
***QQQQ daily: 200 & 10 day SMA break in unison on heavy volume!!! I gave early warning here & just like that the Q's lose over 10 ticks within minutes!... wow... that's one helluva sharp decline off of the open today...
Here's what I said in a Q's post on Friday referring to it declining despite oil getting smashed lower: "should this trend continue into Monday... this would certainly foretell of something troubling to the economy looking forward..."
Now let's see what happens upon a retest of the 200/10 day SMA's located around 35.53/35.54...
Here's what I said in a Q's post on Friday referring to it declining despite oil getting smashed lower: "should this trend continue into Monday... this would certainly foretell of something troubling to the economy looking forward..."
Now let's see what happens upon a retest of the 200/10 day SMA's located around 35.53/35.54...
HI-HO SILVER !!!
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