QQQ - Nasdaq 100 Trust Message Board

STOCKTALK

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.

Non-Tech : QQQ - Nasdaq 100 Trust

QQQ 611.67

-1.9%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: davidk555 who wrote (523)	4/6/2001 9:30:26 AM
From: OldAIMGuy	of 840

Hi DK, I follow some similar data on a weekly basis and saw an "easing" last week as far as the severity of the negative numbers. Overall, (and my indicators are for longer periods than yours in general) my market risk indicator is in the middle of its Average Risk range. Obviously Average Risk doesn't mean no risk! The last Low Risk event happened in 1998 in the Fall and we had a record High Risk signal last March. It's been frustrating to have this continuing Average Risk reading considering the bashing the markets have taken in recent months. Usually such activity would have taken my indicator back to bullish territory, but not this time. The one single component that's been most troubling is my "Speculation" index. It, too, gave a brief (one week) bullish signal the first week of January. Right now it's still showing a bearish tendency in that there's still lots of stocks that are doing spectacularly well in the last quarter. Foster Wheeler, an old line engineering company is up something better than 200% in the last quarter. In fact there's thirteen companies with gains of more than 100% in Value Line right now. Amazing! Now, many times in the past we've had very nice rallies without my indicator giving a "bullish" signal, but the strongest ones have come with such signals. So, I hope your analysis is right!! I really enjoyed seeing inside your method. Thanks for taking the time to bring it here. If interested in my stuff, please look at aim-users.com for a description and historical graphs. This is a freebie site I maintain. Best regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next