Monday, November 20, 2006

 
Trading Ideas & Picks

The QQQQ Report for November 20th - November 24th, 2006

QQQQ: We mentioned that Monday and Tuesday's trading action could be of "strategic importance" because a break above the resistance of $43 or below the support of the ascending trendline would determine the QQQQ's short-term direction. Monday's close above $43 set the pace for a week of impressive gains. We expect the upward momentum to continue over the short term until the QQQQ moves below the newly formed support of $43...

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