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To: Olu Emuleomo who wrote (112848)12/17/2000 11:16:22 AM
From: Mark Fowler  Respond to of 164684
 
I think the Q's will trade b/w 60 and 75 for quite some time.<<

Olu thanks two brilliant minds think a lot alike. This talk about recession is early , a slow down and perhaps a turtle like crawl in the trough. I think we can hold here until earnings catch valuations for sometime. i know It's early in the cycle for techs in general, however, the new leaders should out perform even though we basically trade flat and in a narrower range on the Q's of which i think will be a welcome for change. This voltility has been crazy... Have a nice Sunday.

TW: See how the Q's traded consistently above its 50day EMA when the Nasdaq rocketship launched in
Nov 99 up till March 00? Wow!<<

God Bless America!