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To: el paradisio who wrote (6216)	4/4/2000 4:32:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 11568

Yes, a lot of supports were broken, and very convincingly. My guess is that QQQ will go back to the 80-100 range it was in from early December 1999 through early February 2000. Or, since QQQ managed to close above 100 today, we may remain in the 100-120 range of the last 2 months. I covered my shorts when it looked like the late rally was going to bring us back above that critical support level. I'll stay on the sidelines until I get a clearer picture of where the new trading range is. I love days like today. This is when investors who keep their head, and stick to their plans, get great prices. Buy on despair, sell on euphoria.