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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 611.67-1.9%Nov 6 4:00 PM EST

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To: M CAHILL who started this subject7/8/2001 12:24:21 PM
From: johnd   of 840
 
QQQ 50, 60,...
I think economy is turning around. Greenspan's rate cuts are starting to take effect in the manufacturing sector with the recovery of
NAPM index as well as the recovery of consumer spending.

Soon economy will get another lift from the tax rebates.

I think what we saw from EMC etc.. this week are trailing indicators. First manufacturing sector will recover with spending in the PC
sector and then the telecom and networking will recover., Just my thoughts
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