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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (15407)12/5/2001 5:06:24 PM
From: Kirk ©  Read Replies (2) | Respond to of 42834
 
Since 9/10/01

suite101.com

QQQ:
10-Sep-01 $34.10
4-Dec-01 $42.85
up 25.66%

SPY:
10-Sep-01 $108.32
4-Dec-01 $117.40
up 8.4%

I wonder if the 9/11 attack made capitulation come quicker?

I wonder if this will be another head fake as we saw in the Spring? Doesn't seem like it this time since we can now see over the valley... not a steep return, but clear of fog none the less.



To: Kirk © who wrote (15407)12/5/2001 6:58:03 PM
From: sea_biscuit  Respond to of 42834
 
Looks like we are very close to a rally top. I wonder whether we have to wait a day or two before getting to short the QQQ, like maybe wait for the VIX to drop a little more tomorrow as the small investors go home and listen to the news on TV about today's explosive rally and buy into the top tomorrow...