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With about 2 hours remaining in today's session, the Q's have managed to pivot off of a pullback low at 39.54, which is just above Aug.-Sept. trendline support located at 39.50. My near term work argues that the pivot off of 39.54 and the rally to 39.72 exhibits bullish form, which is telling me preliminarily that a 24 hours minor pullback has ended, and that the dominant near term uptrend has reasserted itself-- on the way to a retest of the Aug. high at 40.14. Only a sudden decline that plunges below 39.50 will weaken, but not destroy the strengthening bullish pattern from 8/2. MJP 9/13/05 1:50 PM ET 39.70

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