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Pastimes : QQQ & DIA - chat & chart

QQQ 611.67

-1.9%

Nov 6 4:00 PM EST

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To: MeDroogies who wrote (547)	5/8/2003 9:11:40 PM
From: Jon Khymn	Read Replies (3) of 795

Still, the markets look like they have found a bottom, for the time being. I think there are still one more "roll down" left, around to 1000 Nas. This will be, in all likelihood, a very similar market to the 1970's for the next few years. Means side way for next few years?? What range do you expect for DJI and Nas? Any thoughts on weak dollar? Weak $ will help US export, which will boost sales. But foreign investors are likely to pull their $ out from US. I think this exodus is becoming real and already affecting our market & economy. How about low interest rates? 40 year low, but no one is really using this money to invest in new equipments or build new factories... I think this low interest rate is helping sustain bubble in real estate, especially in California. If this bubble burst, I think the impact will be huge.

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