SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Z Best Place to Talk Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Susan Saline who wrote (29551)3/2/2001 10:00:46 AM
From: E.J. Neitz Jr  Read Replies (1) of 53068
 
My rationale for building a position in Nasdaq 100 Trust Index-QQQ. In the past I would never invest in this or any index. It was almost always easier to find a select number of stocks that had the potential for huge turnaround gains and were really values, compared to mediocre index gains. Today, we are faced with a different situation. With the SEC's FD(fair disclosure rule), many companies are using that to their advantage and are holding the release of bad info for one specific event--and then before any of us can react, wam--the stock is down 20-50%. Also, the Nasdaq 100 Trust covers 100 major tech stocks that virtually all have been "wiped out" and represent extreme long term value. This is very rare and probably similar to right after the 87 crash. In reality, the decline today has been far greater than in 87. You may want to review the QQQ info that is posted on the Nasdaq web site. It explains the trust, its tax efficiency and the individual companies that make up the trust. Many of those stocks are held or traded by individuals on this board. The link to the Trust info is:
nasdaq.com
When traveling, or at home it sure is easy keeping track of 1 quote, compared to a dozen or 100. This index is also great for trading, or trading around a core QQQ position--very liquid. Something to think about! Good luck all. Ed
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News