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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (761)	6/19/2002 9:45:03 PM
From: Outer-limits	Read Replies (1) \| Respond to of 840

Not sure where this market is heading. I've heard a few hedge managers on business radio say they've covered their shorts. Last Friday's massive turnaround indicates some mutual fund managers are definitely accumulating. Some follow through seen on Monday. Today was inexplicable, people should have know the second quarter earnings were going to be bad. Maybe they figured they wouldn't be as bad as the first quarter. I've pretty much given up on technology stocks, every time I dollar cost down (like on VTSS at 3.90), they continue to bleed downward. Any new money is going into the oil drillers, medical, auto parts, etc. but not tech. No Siree, Bob Dixie, I've had enough tech for awhile!!!!!!

To: Savant who wrote (761)	6/20/2002 3:33:20 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 840

Hi Savant, I don't know if this graph will offer any comfort, but at least I've seen this indicator finally show some relief. aim-users.com Only in the last two weeks has it returned to the "Average Risk" range. That's not quite the same as No Risk, but it is better than it's been since mid April. It's low risk call after the 9/11 tumble was good for a 30+% run on the NASDAQ before going back to High Risk. We still don't have all the pieces in place for a Low Risk signal this time around. It may take a couple of more weeks of punk markets to get us there. Options expiring on Friday should be entertaining. That and quarterly window dressing should make for lots of fun. Best regards, Tom