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To: Bill Harmond who wrote (497)5/23/2000 10:58:00 AM
From: Tradegod  Respond to of 57684
 
Just went long QCOM and NXTL for a day trade



To: Bill Harmond who wrote (497)5/23/2000 12:27:00 PM
From: Olu Emuleomo  Respond to of 57684
 
>>>I think the correction is over, but you are right about me being early<<<

William,

You are early about the correction.
Yesterday, NASDAQ went below its April 17th low.
The only positive is that we did not CLOSE below it.
I will now wait for a BUY signal to be generated by QQQ before going back in.

--Olu E.
BTW, AOL flashed a sell signal yesterday.
bigcharts.com



To: Bill Harmond who wrote (497)5/23/2000 4:58:00 PM
From: Greater Fool  Read Replies (2) | Respond to of 57684
 
My guess is we aren't going to see the end of the retreat until it's clear the Fed is done raising rates. We may well have to wait until it becomes clear that rates will come down.

Disclaimer: This is just a guess. I don't really know what I'm talking about.


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