Saturday, October 28, 2006

QQQQs Look Ripe for a Fall -- But How Far?



Comments: Anyone think that Friday's action in the Nasdaq was anything other than temporary profit taking?

There are some interesting divergences forming in the general market right now. But it's unclear which way they will shake out.
Link: [http://www.stocktiming.com/Tuesday-DailyMarketUpdate.htm]

Gain/Loss for the Week: +4.9% . My gain for last week was +0.8%. Three straight weeks of gains for a change... But still have some serious work to do to recoup.

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