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Pastimes : QQQ & DIA - chat & chart

QQQ 608.40

-2.0%

Nov 13 4:00 PM EST

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To: Outer-limits who wrote (283)	4/26/2002 8:09:38 PM
From: Jon Khymn	Read Replies (1) of 795

I hope your wrong about that 1300 number Yea, looks like I'm wrong about 1300 by end of April... But Nas did lose over 300 points since January though. (Nas dip below 1700 to 1664, QQQ 31 today) I think there are still a good chance (20 to 30%) that we'll see Nas at 1300 to 1400 soon. Did you notice more companies with HUGE write offs in their F/S? I think it is Enron effect kicking in... CPAs doesn't want to carry "gray" assets on books. Clean up time! Which spells out big losses for many companies which applied "creative accounting policies".

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