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Strategies & Market Trends : The Options Box

QQQ 605.16

+2.6%

Nov 24 4:00 PM EST

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To: Poet who wrote (9801)	2/28/2001 8:37:15 PM
From: LTK007	Read Replies (1) of 10876

Security Trader is pointing out if NDX100 can't hold above 1865 there is an air pocket down to 1550. Someone else pointed out that since earnings could be dropping more than price ,we also aren't getting such a P/E improvement as we would have expected, So this "where o where is the REAL bottom" is getting into dart-board phase--this was a huge bloated bubble of such bizarre magnitude it blew normal TA out the window. Zeev Hed is seeing possible bear rallies to possibly 3000,but they will be ephemeral.Max

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