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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS

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To: Jack of All Trades who wrote (105)	2/10/2000 8:46:00 AM
From: Lee Lichterman III	of 428

Thanks but since I am busy with work now, I sleep during the day and chickened out of buying puts on the QQQ before going to bed. That 100+ day was just too crazy to bet against and not be able to watch. Oh I wish I could do this all day for a living. <ggg> Don had mentioned on our site that it may be a dip that could be bought and originally I disagreed, but if he is talking short term, then I am changing my tune. In light of next week being options expiration which is normally upward biased, we may bounce a little before the big leg down I expect could resume. Again, I am not calling this as the definitive top but we are darn close and the best we should get from this morning's highs should be relatively flat as we await the person who will pull the rug out. Futures are up a bit but I am too tired to try and figure it out. I am going to sleep today away so no trading for me yet again. I saw some nasty candles last night but the DOW is getting seriously over sold on some of it's underlying issues that make it up. Too tired to think, Good Luck and thanks again, Lee

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