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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (139)	11/17/1999 8:05:00 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 840

Wally, I do not intend to buy puts here yet. However, MSFT is looking weak. Intel is treading water. Qcom is run out of steam. Csco is doing okay. Several others are fully extended and running out of steam. For us to go up much further, valuations will have to become even more embarresingly high. I would like a put position here going into the new year. Up 50% for the year and all the talk is only positive. I have to think all possible good news has been fully discounted in today's price. Time will tell! Steve D.