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Post# of 704019
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Mr Nasdaq

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Mr Nasdaq

Re: None

Monday, 08/22/2005 1:57:57 PM

Monday, August 22, 2005 1:57:57 PM

Post# of 704019
QQQQ - Support at the "Fibonacci 38% Retrace" of the Summer Rally stands at $38.77.

The QQQQ violated that Support shortly befor 12:30pm on its way to print a new low ($38.60) since the peak of the Summer Rally ($40.14).

It has since recoved back to the $38.77 area and is so far finding Resistance there.

The QQQQ must recapure Support at $38.77. Otherwise, it will be paying a visit to the ""Fibonacci 50% Retrace" of the Summer Rally at $38.35.

Feel free to view the QQQQ Charts as often as you like. They display price aciton in real-time (no 20-minute delay) during the course of the trading day:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID735617

Buy at Support

Sell at Resistance

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