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Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 629.07

+0.5%

Oct 31 4:00 PM EDT

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To: Savant who wrote (812)	11/2/2002 9:58:13 AM
From: Outer-limits	Read Replies (1) of 840

Bear Market Rally, Bull Market Folly?? That's the question for the peanut gallery. Watched CNBC last night: Kudlow and Kramer, Uncle Lou, etc. EVERYONE was bullish!! Some on Kudlow (especially Kramer), were foaming at the mouth and talking about a melt up this week!! Seems to good to be true to me. Now I have always said that when capital spending begins to come back you wouldn't have much chance to get back into tech stocks. However the economic news the past several weeks in most cases has been just Bloody AWFUL. The market has gone up despite it all!!! This time of year is usually a very good time for the markets anyway, and with all of the liquidity pumped in by the Fed recently the rally is now having the look of the 1999 blow off move!! Look, I hope I'm dead wrong about this because I still have quite a few stocks in the tech and non-tech camps. I also have several gold and silver stocks as a hedge. Was it the peanut gallery's thoughts on the current rally?? Bear Market Trap or the Real McCoy?? Please reply!!!!!

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