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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (45120)	12/19/1999 3:48:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 94695

Be careful on the puts. I don't like a lot of what I am seeing either but Friday's closing games will put a bullish slant on the QQQ through game playing. They sold off all the stocks being added to the NDX and ran up the ones leaving near the close Friday. This puts the index high as the higher stocks are removed and the lower ones are added. IF the ones being added bounce now since there was no fundamental reason for the drop, it will drive the index higher even though in reality nothing much is really going on across the rest of the market. All the games being played is making it difficult to trade based on "real" TA or FA. Good Luck, Lee