Replies to post #6130 on T/A ETF AND INDEX

[be]

farooq , thanks, you are one of the most respected traders on this board and your words carry a lot of weights . My guess is that QQQQ won't go up that high (42.20) as you predicted . monitoring volume green/red price bars....it's showing a different picture.....unless heavy BUY volumes come in later ...the market is weak now .

[pinkster]

$41.03 would be the 38 fib and $40.81 would be the 50% retrace off of the 10/3 low