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Re: FinancialAdvisor post# 12515

Thursday, 10/20/2005 1:09:19 PM

Thursday, October 20, 2005 1:09:19 PM

Post# of 25966
***QQQQ (intraday) getting ramped here now... volume seems light to me though... seems like bears & bulls exhausting themselves today till proven otherwise... no real conviction either way...

Maybe the 2 PM pivot area will offer us more clues...

***EDIT 1:14 PM: Check out the follow-up bearish engulfing here to the 'attempted rampage' on low volume...

***EDIT: 1:21 PM: Move got defended around $38.59, I'm beginning to wonder if we are range-bound the rest of the session even though the price per barrel of oil dropped pretty big as did natural gas via the futures contracts... even CNBS ran a piece "Is the oil trade over?"... Q's currently at $38.65x$38.66 (been around these numbers all doggone session it seems)...








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