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To: Jill who wrote (511)	5/21/2000 11:17:00 PM
From: Lee Lichterman III	Respond to of 10876

Pretty good article. I have numerous things pointing to 2900 NASDAQ but they are long term things and I tend to use those for guidance but then switch to the short term stuff for actual trading. I loved his line, ("The sky isn't falling, although your returns are" -ggggg- Has anyone here traded the XLK tech Spider? Don and I were looking at these and the premiums are much lower than teh QQQ. Low volume but how much can they mess with you if they track the index. Just curious if there are hidden games played with them, if they tend to fudge the numbers once in a while etc. I know I have seen the QQQ lag or lead the indexes from time to time and am just looking for someone that has some experience in these. TIA Good Luck, Lee