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To: Jon Khymn who wrote (1)3/25/2001 6:39:50 PM
From: Outer-limits  Read Replies (1) | Respond to of 795
 
I would not short the triple Qs at this point, but I am
thinking of shorting the diamonds if the DOW moves up another 100-200 points this week. Love to have Greenie cut rates again (which would provide rally support for short).
Yup, I think the DOW is headed to 6-7000 before all of this is over, and possibly lower!! All I hear on the tube is Bullishness, almost no one (except Russell) who is telling
you to WATCH OUT!! Yup, the masses are going to get stuck
holding the bag again, just like in 73-74, and 29-38!!



To: Jon Khymn who wrote (1)3/25/2001 11:32:24 PM
From: Brandon  Read Replies (1) | Respond to of 795
 
Id definatly have to disagree with you on that one. Ive been short since March 28th of last year however there are plenty of signs that we will not go much lower on the QQQ. The DIA on the otherhand, IMHO, has a ways to go. All good things must come to an end..even bear markets..especially when everyone knows its a bear. Message 15561104

Brandon



To: Jon Khymn who wrote (1)4/2/2001 4:54:46 PM
From: Jon Khymn  Read Replies (1) | Respond to of 795
 
>>Look for 37-38 QQQ by 4/10<<

So we have arrived at 37... a week before the due date...
Let's wait and see for next two days whether QQQ 37 will hold.
If it doesn't hold, wait till Q hit 35s then go long.
If it holds till Wed, then go long for rebound but max 30%.
(Not a good season to bet on long side, so go light)