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Strategies & Market Trends : The Options Box
QQQ 603.66-0.9%Nov 17 4:00 PM EST

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To: hobo who wrote (9890)3/7/2001 4:43:01 PM
From: mishedlo  Read Replies (3) of 10876
 
Anyone that thinks that this is "THE Bottom" is an idiot...
(Just getting back at you - LOL) please take no offense as none is intended.

This could be a "Local bottom", but the DOW needs to fall one hell of a lot, and the NAZ is still overvalued by historical bear market purposes. Thus I conclude we are quite a ways from "THE BOTTOM".

I am foolish enougth to think there still will be a retest of the last "local bottom", before we rally into the FOMC.

M
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