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To: Boplicity who wrote (821)4/4/2000 10:09:00 PM
From: Sam Sara  Read Replies (1) | Respond to of 13572
 
Thanks for report..

I know the Worden organization has been around for some time- how good is their track record?

I do not consider myself a master chart reader, but after looking at the 80 or so charts I follow, the case for a bottom is far from clear for me.

Cisco back to 65 and JDSU to 85 is well within realm of reason. The move down was just too fast; I know we got panic volume today, which is what throws me. I expected this level to be tested over 2 weeks or so, not 2 frickin' hours. VIX 35=Buy is just too easy a formula....

I know earnings are before us and I have much respect for gut feel of experienced investors such as yourself. Thus, I would not be surprised at all to see us go up from here, but it will be a hell of a lot of work to get to new highs on QQQ.

The next 2 days, and then the next 2 weeks, will be most interesting.