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<font color="#FF0000">Hello.</font><font color="#FF0000"></font>
<p><font color="#FF0000">I listen carefully to Bob's 7/29 radio show.
And it's clear alot of folks misunderstand what exactly he says.
Maybe I did also. But. I view it this way.</font><font color="#FF0000"></font>
<p><font color="#FF0000">[1] We went long QQQ near 75.</font><font color="#FF0000"></font>
<p><font color="#FF0000">that means he must sell to take profits, because
for no other reason he described it as a "trade" only.</font><font color="#FF0000"></font>
<p><font color="#FF0000">Thus.</font><font color="#FF0000"></font>
<p><font color="#FF0000">[2] Upon reaching 84 a Sell Stop Market order
would have been activated.</font><font color="#FF0000"></font>
<p><font color="#FF0000">So, my way of seeing it. IMHO. He
went to cash with the profit from QQQ. For me.</font>
<br><font color="#FF0000">That would signal the rally is over.</font><font color="#FF0000"></font>
<p><font color="#FF0000">I'am confused why he didn't pick the QQQ top better.
I'am holding short from 99.</font><font color="#FF0000"></font>
<p><font color="#FF0000">And for me the Nasdaq Rally is over.</font><font color="#FF0000"></font>
<p><font color="#FF0000">Songyun</font><font color="#FF0000"></font>
<p><font color="#FF0000">PS. I do not wish to continue this conversation.
I shall not reply further. You have a nice day.</font>
<p>James Rukas wrote:
<blockquote TYPE=CITE><style></style>
<font face="Arial"><font size=-1>He
never said the 5/24 rally was over, he said to protect your original investment
in the QQQ's to sell if the QQQ's went down to 84.</font></font>
<blockquote
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<div style="FONT: 10pt arial">----- Original Message -----</div>
<div
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><b>From:</b>
LPetersen</div>
<div style="FONT: 10pt arial"><b>To:</b> metastock@xxxxxxxxxxxxx</div>
<div style="FONT: 10pt arial"><b>Sent:</b> Thursday, August 03, 2000 7:48
AM</div>
<div style="FONT: 10pt arial"><b>Subject:</b> Re: From Fox - Brinker QQQ
Now Sell</div>
All,
<br>Short term:
<br>I suggest that we stay defensively open minded.
<br>Remember that it is often the darkest just before the dawn.
<br>Look for the strongest sectors, like biotech last week.
<br>Longer term:
<br>October, the notorious bottom month, is less than one moon away.
<p>Ver. 7.02 seems to do its work faster; or it that my imagination?
<p>LAP
<br>
<p>++++++++++++++++++++++++++
<br>Songyun Fox wrote:
<blockquote TYPE="CITE"><b><font face="Arial Narrow Special G1">Hi.</font></b>
<p><b><font face="Arial Narrow Special G1">On 7/29 Bob Brinkers radio show,
stated he would indicate the rally on the Nasdaq 5/24 would end when the
QQQ reached 84.</font></b>
<p><b><font face="Arial Narrow Special G1">Thus Brinker is now out of the
market.</font></b>
<p><b><font face="Arial Narrow Special G1">Bud Fox</font></b></blockquote>
</blockquote>
</blockquote>
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