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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: bela_ghoulashi who wrote (10060)	3/30/2000 10:48:00 PM
From: bela_ghoulashi	Read Replies (1) \| Respond to of 35685

A TA post from the Yoda3355 club on Yahoo: The reason I remain Bullish rocketlauncher395 (34/M/Ohio,USA) 3/30/00 6:11 pm can be summed up in 3 letters QQQ.I know that a lot of TA's don't like to use QQQ but i do because that is where the big money is parked.Let me tell everyone that QQQ is not damaged.In fact it hit it's 50dayMA today and that is the exact point in which the nasdaq bounced.The uptrend on QQQ has also not been breached on the downside yet.While all the talking heads keep telling you to buy old economy stocks(which they have already bought and will sell when the flocks migrate over)I still remain bullish on QQQ.Of course i may be showing my foolishness more now than ever but no way I buy Clorox over PMCS,not now, not ever.I will say that many of our favorites have likely suffered damage and it will be a while before they come back.Am I a fool to believe that nasdaq is still the place to be?Let me say this---I was never a fool any other time the nasdaq sold off and was supposed to be at the end of the line.Make your own decisions.I'm staying tech.Good luck with those other stocks.And remember nasdaq 5000 on or about April 27.(my boldest prediction to date)