The point of my post was that it seems it can go either way. Even if a person has years of experience (which Ted Burge and Robert New probably have), it's possible to present a convincing argument in favor of QQQQ going higher (Burge) or going lower (New). Their charts in your link below provide examples of that.
I know I'm going to make money today, however, no matter which way it goes ... because I'm in money markets at the moment (grin). Schwab is currently paying 4.7% interest on cash positions.
======================= Posted by: Nirvana In reply to: kenwong who wrote msg# 11816 Date:8/31/2006 2:21:57 PM Post #11875 of 11876