QQQ & DIA - chat & chart 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.

Pastimes : QQQ & DIA - chat & chart

QQQ 608.86

+0.1%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris McConnel who wrote (188)	11/25/2001 1:18:17 AM
From: Jon Khymn	Read Replies (1) of 795

Nas 1903, QQQ 39.28 as of 11/24/01 Long term (9 mo to 18 mo): Other than temporary fix up, over all economy don't seem to getting any better. (Due to interest cut, 0% interest incentive, no sales tax,,, the market seem to rebound but don't be fooled by these short term fix) Still looking for 1200-1250 in next 9 - 12 mo. Mid term (Next 3 mo.): The market should turn down ward during these time frame. Not sure how long these quick fix will delay the down turn though. It may delay upto 2 mo. Short term (Next 1 week): Expecting QQQ to trade between 38 to 40. Trade along these line until Q break more than 0.7 on either side. Upside trend which started in October hasn't been broken yet. If Q break 37 that may signal up trend is over. Breaking 36 will give us more sure downturn signal.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next