I2,
I would like to thank you for sharing your opinion about avoiding the QQQ when it was $75+. I did do that, but unfortunately, I did buy at $64. But, I'm still at almost 85% cash in total allocation. I painfully admit to selling utek at $29 (my cost was $31 - Oct 1997) and then felt quite a bit more pain when it went to high $30's). Did you sell UTEK?
THANK-YOU, THANK-YOU, THANK-YOU for sharing your opinion with me back in late 2000 to hold off on the QQQ (saving me easily $100,000+) helping me stay away from the disastrous QQQ "trade" or "investment" recommendation - whatever anyone wants to call it! (how about money-losing idea)
Would you mind sharing your asset allocation at this time and your average QQQ cost?
Further, I started looking at the thousand+ messages since I was last here and, though, i didn't finish I came across the following posts -some worth reviewing and some where I thought you might comment if you agree or not:
IS AVOIDING ACCOUNTABILITY THE SAME AS A LACK OF INTEGRITY? (Fair to new listeners?)
while never mentioning UTEK, LU(any longer), etc?
He is a salesman and dearly protects his reputation. that protection can cause many unaware investors to blindly follow.
There are two sides to bob, one he does all he can to hide.
To:DOUG H who wrote (11689)
From: H Halver Tuesday, Jan 16, 2001 1:56 AM
View Replies (1) | Respond to of 12933
I think we will see qqq at 45 or 46 in next couple months a 62% decline from high of 120, we have not hit a low in this market yet. We need to hit put call ratio of 1.1 and have new highs less than 10 for a day. |
