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To: Jack of All Trades who wrote (90933)	2/5/2004 12:35:50 PM
From: bcrafty	Read Replies (1) \| Respond to of 209892

QQQ daily chart is pretty oversold especially RSI and CCI for a few days now, as well as MACD and stochastics. Notice how the 65 sma has provided some nice bounce areas throughout this rally. stockcharts.com[w,a]daclyyay[dd][pb65!f][vc60][iLah12,26,9!Lp14,3,3]&pref=G From your past experience with your system, how long after a significant turn does it usually take your system to change from sell to buy?

To: Jack of All Trades who wrote (90933)	2/5/2004 1:00:47 PM
From: Dr. Voodoo	Read Replies (1) \| Respond to of 209892

Do you know if we stay flat from where we are, would it go flat or stay as a sell? I am leaning to being too oversold here and I'm closing out a good chunk of puts. If we drop off the edge of the cliff I'll reload, but I think we're putting in a short term bottom. Despite my perceived lack of a capitulation, volume was up yesterday. Kind of like the last blow off didn't really send us to the moon, I don't think this sell off is going to scare many people either. JMO. V