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Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 632.08

+0.5%

Nov 3 4:00 PM EST

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To: lifeisgood who wrote (698)	1/1/2002 3:37:51 PM
From: Michael Sphar	Read Replies (2) of 840

I am interested to learn how you've determined that risk is the highest now since the peak. What do you base this risk assessment upon? Also do you think 28 represents the reasonable extreme low that Q might yet again achieve or do you see even lower lows? Thanks again for you views. Averaging in is always a good idea as Savant wisely pointed out. Unfortunately we are only dealing with somewhere between 150 and 200 shares at current pricing. There is a tradeoff between averaging and increased trading costs when dealing in odd lot trades. So probably splitting the money in half and making two entries is about the best practical approach along these lines. Given that, my thoughts are that market psychology hit its nadir in September and that Q4 earnings reports although probably pretty bleak will not be able to push stock prices even that low again. Further that market discounting forces will probably be starting to look past Q4 and seeing something more clearly about 2002 quarters which might lead to an initial bull move in Q after the second shoulder of this potential inverted H&S pattern develops.

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