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To: TREND1 who wrote (47662)	8/15/1999 12:19:00 AM
From: Estimated Prophet	Read Replies (1) \| Respond to of 53903

Larry, the QQQ sounds interesting, and I have a related question. Have you ever studied the relationship between the QQQ and MU. I am aware of your observations regarding MU and SOX, but I am interested in perhaps lowering the risk associated with my MU trading(and I don't/won't do options). QQQ might hold some promise? EP

To: TREND1 who wrote (47662)	8/15/1999 5:26:00 PM
From: John Graybill	Respond to of 53903

Larry, I probably won't do QQQ. I've got my hands full with MU. I like the "speedboat" behavior, which gives us at least one opportunity for a nearly-straight move of two points almost every day, no matter whether the price is $60 or $30. That's 3-5 percent. (The only time it doesn't move two points a day is when it's $20, but that means it's time to go big-time long again.) But most importantly, nobody announces when it's time to short QQQ. If they start holding Technical Conferences for QQQ every couple of weeks, they might eventually catch my eye. :-)