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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (44873)4/4/2000 1:12:00 PM
From: Jacob Snyder  Respond to of 99985
 
Next QQQ support @ 84? Maybe 80.

We are now back into the trading range that existed from mid-December 1999 through mid-February 2000. If I don't cover my shorts before then, I'll certainly cover at 84. My finger is poised over the "buy to cover" button, but I'm making money by delaying, so far.

Interestingly, all the stocks I want to go long on, are holding up very well: CMH (mobile home builder), BSX (medical equipment), and WCOM (old-fashioned telco; or is it a new-fashioned data and wireless growth company?). If this keeps up, I may even buy MSFT.