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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (48)3/1/2001 4:11:19 PM
From: jambo-bwana  Read Replies (1) | Respond to of 1063
 
MONEY MARKETS are king, so the QQQ was my only answer

So you bought duf-fer's version of QQQ and I bought the one that is the real QQQ -g-

Seriously though, I was scanning threads about an hour before the turn occurred and there was a lot of doom and gloom all around. I began to feel that we were close to a trading low of sorts.

You know when people begin to talk about money not being everything and that the important thing is to place value on the things that matter and so on, it tends to suggest a turn is imminent. There was also a lot of griping about Greenspan and certain stocks were holding up rather well. So when I saw the turn begin to occur, I decided to take a chance and go long. Do you have a target for the QQQ?

I really would like to see the composite break at least 2000 and preferably 1800 - I am hoping that will produce the wash-out that I am looking for to go aggressively long.