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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Chris J. Horne who wrote (618)8/3/2000 1:00:58 PM
From: Alan Levin  Read Replies (1) | Respond to of 10065
 
Chris,

While I don't disagree with blowing out the Q's at 84, take a look at the one-day chart. Looks like a bunch of stop orders were entered, the specialist took the stock down to buy it up at 84, and it's been uphill since then.

It'll be interesting to see where it goes from here.

-Alan

disclosure: no position in QQQ



To: Chris J. Horne who wrote (618)8/4/2000 10:23:51 AM
From: Gary105  Respond to of 10065
 
Agree. Traditional presidential trend and soft landing scenario could result in upside surprise through end of year. Also market now has wall of worry (ie bearish sentiment of leading advisers) to climb.