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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (4950)	2/14/2005 10:49:46 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

I agree, it is not wise to chase a stock. Particularly now, since we anticipate the index will get turned back as it moves above $38.00. AAPL doesn't correct much, so it might be a while before you get a decent entry. But if you bought it now, you probably won't have the general markets to draft off of, and that's not good. There will be other times, other stocks. If AAPL won't meet your criteria, then I would leave it alone unless and until it does. PD gapped up, looks pretty good so far. QQQQ just got turned away shy of $38.00. I suspect it will make one more run at $38.00, then call it a day. The e mini Naz futures just spiked to the high of the session, so the index will soon follow no doubt. The Dow and the S&P are both in the red. I can't see the Naz going it alone here, I think it will get pulled down soon. T