Well, I was correct that we would see a large move in QQQ after the constricted Bollinger Bands, but wrong on the direction. It remains to be seen how long this bounce will last. I noticed that PHM hit another ATH today after having an earnings related GLB on Tuesday on good volume. PHM has composite and EPS ratings=98 and RS=97. It has held the green line for 3 days and I bought a little in the extended market after today’s close. If it closes back below the green line ($63.90) I will sell.
