QQQ is once again sitting at the support level 34. it’s forming a triple bottom. Selling is gradually becomming over-sold condition. Seek long entry in this area and set stop loss below 34.
QQQ
Monthly Archives: May 2004
QQQ
QQQ is once again sitting at the support level 34. it’s forming a triple bottom. Selling is gradually becomming over-sold condition. Seek long entry in this area and set stop loss below 34.
MT 3.0 upgrade failed
After the upgrade from MT 2.63 to MT 3.0, I could not log in anymore. Not sure what’s going on, so back out the upgrade.
Vacation time …
I booked a trip to Orlando, Florida next month. We will visit Disney theme parks and other attractions. The kids are pretty excited about it and looking forward to the summer break. The trip is booked from Expedia.com and we will stay at Courtyard by Marriott Lake Buena Vista @ Vista Centre.
Market retesting year low
All major markets are near or at the year low as seen on SPY daily chart. However, it will be picking up from here, therefore it’s a buying opportunity. I’m allocating some cash from GIC in my 401(k) into some mid-cap and growth/income mutual funds. The major support should be 105.