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Replies to #31003 on The Black Box

wahz

12/02/06 11:33 AM

#31006 RE: Cortisone #31003

yeah I think we are there. 2390-2410 is a good area and then 50 day which we probably shouldn't tag yet is up to around 2360 or so. I am not looking at a chart so if this isn't exactly right its from a look a few days ago. In any cae we could go 20-50 nas points lower and go below 2390 but we have already had a reasonable adjustment


let me share this:

http://stockcharts.com/c-sc/sc?s=qqqq&p=D&yr=0&mn=6&dy=0&i=p22135382622&r=16...


as you can see the recent lows got us to areas that were THE lows since the summer low. If we are going to match or exceed them, I would think it would be next week and not the week after