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: Jon Khymn who wrote (257)	12/26/2001 10:34:41 AM
From: Chris McConnel	of 795

Happy Holidays Mysty! We are back at QQQ 40. Will we break through or get repelled? >> I don't even want to think about possibility of Japan default.... if that happens we are all sinking together. Ya, ya, doom and gloom -g-. If Japan defaults, we might have a flight to safety (t-bonds) and another reaction low equities. Be we would bounce back just we did after 9/11. And when they do default, it will be viewed as the first positive in a long time. That's what it will take for them to reform their system. At least get the bad loans of the books and begin lending to small and medium businesses. Also, with money market accounts and cds yielding less than 2%, there's a lot of money that will be looking for higher returns. Any dip will be bought. This will be a good trading market. Maybe 35-45 for the next 6 months, IMHO. >> I think we are at the verge of GLOBAL recession which usually accompany conflict and war. The US recession officially began in March. A recession is defined as 2 consecutive quarters of negative growth. If it last through 1st Half 02, then it becomes a depression. -Chris

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next