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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 611.67-1.9%Nov 6 4:00 PM EST
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To: Topannuity who wrote (539)5/2/2001 11:03:48 PM
From: striper68   of 840
 
Topanuity: Many of the stocks in the 100 index have formed
congestion, double bottoms, and other reversal patterns.
Moreover, the reversal last year was not signaled by a
textbook pattern nor did it retest the highs. If you look
at the long term chart in 10 years, the drop may appear
as a somewhat sharp correction in a continued uptrend. However, I, like you, am fully prepared for some kind of retracement but cannot risk giving up my position as a long-term investor.
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