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Re: FinancialAdvisor post# 11403

Wednesday, 09/21/2005 1:39:50 PM

Wednesday, September 21, 2005 1:39:50 PM

Post# of 25966
***QQQQ intraday, just saw some hefty bids get chewed up, now new low intraday, good for a scalp short here for a nickel+ (imo)... follow volume and momo... big seller is out there...

Scalp short off of 38.54, tight stop at 38.56...

EDIT>> sinking quick now...

EDIT X2>>> Intraday MACD = decisive volume break, 38.50 looked well defended... that was the scalp right there, maybe not even a nickel... but these bids now are just as heavy as when the new intraday low was created... so if evidence of a massively huge and well-off seller needs to be proven, it would be should the Q's tick to 38.48 knocking out these heavily bids currently present, and as it stands right now at 1:42 PM, volume is trucking at just about 74 million...











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