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To: Sonny McWilliams who wrote (25126)1/6/2000 6:57:00 PM
From: William Hunt  Read Replies (1) | Respond to of 27012
 
Sonny ---Thanks for the feedback ---will buy some more tomorrow ---Briefing.com has been calling for a 20% correction since the beginning of the year . We are down 10% --will cost average on QQQ and wait the market out .
Joe Battapalia is calling for a Nasdaq of 5000 this year ---I think it will be higher than that . Greenspan will only raised rates in the first half of the year due to the election in the fall plus I guess I have to ask the question where is the inflation so why raised ? As a matter of fact oil prices are starting to come down / housing construction rates are dropping . If rates are raised then they are targeting growth not inflation . Time to step back in the market with both feet

BEST WISHES
BILL



To: Sonny McWilliams who wrote (25126)1/6/2000 7:19:00 PM
From: William Hunt  Read Replies (1) | Respond to of 27012
 
Sonny ---with the price in after hours of QQQ the Nasdaq is down about another 120 points .It has about a 21 to 1 point ratio to the market . If we open there in the morning we would have a 15 % correction behind us . I hoped they do not drag it out --would rather have the pain behind us

BEST WISHES
BILL