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To: ItsAllCyclical who wrote (57862)1/4/2000 3:34:00 PM
From: John Doyle  Respond to of 95453
 
On top of that we don't even know what the Fed is going to do. We have to wait until February to see two things; how much they tighten and what their bias forward is. Things will REALLY get interesting then for the NASDAQ in my opinion.



To: ItsAllCyclical who wrote (57862)1/4/2000 3:58:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
QQQ (Techs) now at 177...Looks like they'll close at their low. Not even a mini-bounce. I have to believe this will continue into the open tomorrow at the very least. Could get very rough for techs.

Could be some great buying ops if oil stocks and everything get taken down in sympathy. Looking to buy APA around 30. I would take a huge call position if APA goes sub 30.


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