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Re: FinancialAdvisor post# 11425

Wednesday, 09/21/2005 2:54:19 PM

Wednesday, September 21, 2005 2:54:19 PM

Post# of 25966
***QQQQ intraday, the treendline I was watching has been broken to the upside by the bulls... 38.63... needs candlestick closing confirmation... otherwise it becomes a bull-trap... bears are still fighting...

Also need close above purple (50) line in chart below... >>>

EDIT: 2:55 pm: HUMONGOUS bid at 38.63 just placed...

EDIT: 2:56 pm: And there she goes, exploding to the upside, now 38.70...! VOLUME CONFIRMS

EDIT: 3:02/:03 PM: back at RETESTING breakout point and (50) at 38.63! bulls defending here with a bid>>>

EDIT: 3:06 PM: Watch the purple (50) line, if it busts, then the recent volume could've been nothing but a short-squeeze and bull-trap which went hand in hand... in otherwords, an intraday spoil of both bulls and bears who both got slapped in the face...

EDIT: 3:07/:08 PM: It went and volume drew itself into the move... weakness coming intoi the close off of the big-time volume spike and intraday bull-trap?

















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