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Pastimes : QQQ & DIA - chat & chart
QQQ 608.40-2.0%4:00 PM EST

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To: Chris McConnel who wrote (312)8/20/2002 1:25:55 AM
From: Jon Khymn  Read Replies (2) of 795
 
>>Why did you reduce all your targets by 100 points?

Perhaps I wasn't comfortable holding so much long after being a bear for so long <g>...

The market internal isn't that strong yet.
I suspect the market will climb up some what cautiously.

I am riding on a bull wave right now, but betting that the Nas will retest 1300s again soon. Will buy back at low 1300s, if I see it again.

Scalping 100 points will be some what predictable for a while.

All my mid term holdings will be gone by the time when nas hit 1450.

>>Have a good vacation

Thanks,

jon
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