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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (13961)5/27/2000 9:17:00 AM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
** Simple Analysis ** Last time in the fall of 1999 that the SPYs 500 closed at 138 and change (like yesterday) was November 11th. Where was the Naz on that date? Try 71.25 on the QQQs at the close. What was the low this past week on the QQQs? Try $72.25 on Wednesday intraday. Where are the earnings? Try technology. In order for the Naz to crash further like all the chart techies. are now projecting, they must make a case for a crash on the S & P 500. Anyway, seems like we are close to a bottm here short term.
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