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To: johnd who wrote (264)1/4/2002 6:49:51 PM
From: Jon Khymn  Respond to of 795
 
John, who says Nasdaq will hit 3k this year? <g>

I'm betting that Nas will hit 1200-1300 level before hitting 3k NEXT year. But if these sell of doesn't happen by the end of April this year, all bets are off.

My pain tolerance level for long term and mid term Q shorts are still 43.5 (or absolute max of 44.5 - if I go along with Chris' idea).

Added s/t Q short again today at average of 41.73
For these, I'll cover if Q cross 42.5 but hopefully I'll be able to cover them in low 40s next week.



To: johnd who wrote (264)1/10/2002 12:01:43 AM
From: Jon Khymn  Respond to of 795
 
John, what was that fast drop in last one hour today?

It sure caught me by surprise.
Since Nas has pretty good support at 2040, covered S/T shorts of QQQ at 41.23, that was one of the quickest point I made.

I think today's last hour drop is significant, could be the signal of things to come...