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Pastimes : Nasdaq Bottom?
QQQ 635.77+0.5%Oct 29 4:00 PM EDT

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To: Sharck who wrote (62)1/6/2001 9:50:10 PM
From: craig crawford  Read Replies (2) of 73
 
Just one of my arguments for higher prices in the Nasdaq in the next few weeks.
Message 15137012

--I have not been bullish and trying to call a bottom for the last 10 months.

--In fact I have stayed out of the market since the Spring and only recently started looking for a bottom in the Nasdaq the week the FOMC met on Dec 19th. The broad market on the Nasdaq bottomed a day later on 12/20-12/21. That is the true bottom (even if only short-term) I believe. I don't believe the market bottomed a few days ago, I believe it bottomed a couple of weeks ago.

Some of my prescient calls recently you can check out:

Predicting the Fed would cut last week and the Nasdaq would see a 300 point pop.
Message 15110801

Bullish and buying before the rate cut
Message 15109742

Another accurate prediction of the Fed cutting early
Message 15109241

Was warning shorts not to get to greedy and a little birdie chirping something about a Fed ease
Message 15109152

Major positive divergences
Message 15109078

This one was half joking but not so far off base!
Message 15106972
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