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Strategies & Market Trends : The Options Box

QQQ 621.87

-1.2%

Jan 30 4:00 PM EST

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To: Poet who wrote (9653)	2/18/2001 11:40:13 AM
From: hobo	Read Replies (2) of 10876

Thanks for sharing the article with the thread Poet, I read this post, which I found interesting... Message 15370424 Bottom line for me, this market has become completely unpredictable and treacherous. Unless some sort of reaction to the upside takes place soon, we may be headed substantially lower. Personally, I can not see any reason to be bullish. The latest economic data (a higher than expected PPI), has taken a little bit off the power to the Fed for keep on lowering interest rates.... unless it would be done to .... "regain consumer confidence" which would tell me that AG is targeting the NASDAQ. How will the markets react to that ? I really do not know. I guess I will just "keep a close eye" and take profits quickly (assuming I am capable).

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