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Pastimes : QQQ & DIA - chat & chart
QQQ 611.67-1.9%Nov 6 4:00 PM EST

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To: Jon Khymn who wrote (577)5/20/2003 4:54:55 PM
From: Chris McConnel  Read Replies (1) of 795
 
>> What I hear is "the insiders" are also selling their stocks. Apparently they don't believe this rally will continue either. <<

This is a good site to keep tabs on insiders:

insider.thomsonfn.com

>> I think right now is very good time to short, holding till Oct. or Nov. <<

The alternate scenario would be a pullback to about QQQ 26-27 followed by a push higher to QQQ 30 or so. And then a selloff starting in aug/sept.

>> RE: dollar, I'm not so sure about dollar but the way the Gov't is signalling, most likely $$$ will not be strong any time soon. I think US Gov't will have to keep print more greens to cover its deficits and over spending.... <<

It just seemed so oversold, that it was due for a pullback. But you could be right. Greenie's printing press has been working overtime, so i hear.
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