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Non-Tech : The Critical Investing Workshop

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To: Jim Willie CB who wrote (1489)	1/28/2000 10:44:00 AM
From: marginmike	Read Replies (1) of 35685

Jim however your problem creates a paradox, IE If inventory levels are very high and business is slowing, then Tech will get decimated this quarter, no? As with before the fact that interest rates were irrelevent if Growth remained strong, isnt the opposite also true that lower(marginaly)rates will be no help if Tech co's Earnings stagnate because of Y2K over purchasing. Do you think Q ASic comment could be indicitive of the overall problem of a slower quarter for all tech. If so Naz will have its 400-1000pt correction IMHO. I am out of the market now, and will try to grab my Q back when dust settles. Oh yah I know youll say I am a contrarian indicator, except for the fact that I sold 1/2 before earnings and the other half at 9.31 am(129) on Q(DEATH)day. By the way TA wize Q IS looking ugly. If 118 doesnt hold we will see 87-110 range. The 87 is arround the 350-360 we bounced off several times in November. i dont think we will get that low but I would say 100-110 is a distinct possibility. If we can hold 118 it could be the bottom. We have pierced the 50DMA at 124 something Q has neber done since I owned it, so all olod rules are washed out. We must start anew(your 120 50dma is incorrect)

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