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jenna

10/22/03 1:28 PM

#18764 RE: jenna #18763

QQQ lovely breakdown from yet another pattern failure after consolidation. Added some short 34.72 for a big batch today at the "fake rally just under 35" Hit the lows of the sessions nicely at 34.46 in 3 LARGE Wide RANGE bars proving folks ARE SHORTING any upticks. Took my first profits of the session @ 34.47, holding 50% here for another break of 34.60.. SHORT the rally is our credo for today. Breaks of consolidation to downside No SCALPING or 'trying this and trying that'