QQQ & DIA - chat & chart Message Board

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Pastimes : QQQ & DIA - chat & chart

QQQ 608.86

+0.1%

Nov 14 4:00 PM EST

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To: Jon Khymn who wrote (124)	5/13/2001 7:56:45 PM
From: Jon Khymn	Read Replies (1) of 795

The market is getting weaker, we didn't get another push for breaking 50. The mid-term rally seems fizzled out for now. The market needed to push over 55 to sustain the gain, but now it seems new low is inevitable. Reviewed 100 tech stocks over the weekend and most of them looks much more tired than I expected. Plan for week of May 14: Still think we'll get 1/2% cut on Tuesday and the market will rally initially for we didn't get pre-Fed rally. Hope the rally will last at least 2 days. That should be the time to start add short. Add 10 % more DIA and start take QQQ short position, hopefully in high 40s.

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