Friday, March 10, 2006

In Play

Nice rally off of the opening range low. QQQQs are running into resistance at the $40.80 level. Support at $40.60, followed by $40.50.

I took a long position in YHOO off of a capitulation low. I'll post the chart later. Also long NVDA.

Update 1:06 - Sold NVDA on a trendline break (5 Minute Chart).

Update 3:12 - QQQQs are fading into the close - can't hold support at $40.50

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