To all,
I am curious as to what people think of the overall market condition. It seems the snowball is roling is Asia. Japan, Korea, the Phillipines, Indonesia, etc. have all been hit hard. How long can we avoid the plague? Are we in the midst of a mere panic, or is the elevator headed throught the ground floor? I, personally, (generally bullish) am a little worried. Combine that with continued earning alerts and the possibility for a serious correction exists.
I like the Q story and I am long and have been long for about a year now. If this market turns, however, I can see a lot of people pulling out of the small caps. They usually do when markets are bad, although, I think they are the only ones with any value, but that is just my opinion. Wouldn't be surprised to see the Q go lower. Hey, but then again, I wouldn't be surprised to see it go up, either.
Interested to hear some thoughts,
Colby |
