To tell you the truth, as long as that Dow 10500 and Nasdaq 2000,supported, there will be no problem with NT, I take it this news is the worst ever for NT. Again I said I take it, don;t bear on me.
Fed cut rates 5 times each times by 50 basis points, another cut is due to come on June 27, and Bush fiscal tax cut, this North America economy system got to bottom out somewhere, besides market would discount 6 to 9 months down the road, that is why I started to pick up this so cheap tech stocks.
I know this is tough time for any investor, but things would look good in the future, Fed's easing would take time so does that tax cut fiscal easing. Again, it is time to accumulate this tech stocks as they all look so cheap by comparing last March when NT was in that 3 big digits.
NT sold @ 13's and you sold out, I take it unless you need some cashes right away, otherwise, it is a very unwise things to do, isn't it???
Besides, this is TRIPLE WITCH hours, 3rd Friday, of June month, as I warned that "Witch" means, you see.
Even Dow Down below 10600 now came back up nicely right now Dow @10631.
Nasdaq was below 2000 for a minutes or so, now Nasdaq @2007.
John Paquet |
