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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: Michael Sphar who wrote (594)	7/15/2001 2:52:09 PM
From: Savant	Read Replies (2) of 840

Perhaps for a breather, or merely a glimmer of hope for a continued change in trend, (or a set up), the 50 moved through the 100 the other day. finance.yahoo.com^IXIC&d=c&k=c2&a=v&p=m50,m200,m100&t=2y&l=on&z=m&q=l finance.yahoo.com Needs confirmation that it's not just a 'take-a-break' gasp for air in the ooglie down trend from that 50/200 cross over. finance.yahoo.com Taking the ultra long view via the Nas Comp, (12+ yr chart) a VLT trend line resides below the 1629 low. Valuations at that level would approximate realistic values in the eyes of some of the more conservative old tymie investors. Will we yet approach a/o breech it..dunno. Could be that we just hobble along the time line until south meets north..I would prefer that..less traumatic for the already shell shocked. I am keeping a watch on it, just for form. Also, some cash in reserve. JIC. Best, Savant

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