Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (77696)	5/31/2001 8:31:53 PM
From: orkrious	Read Replies (1) \| Respond to of 99985

The similarity between the end of July 2000 and now on the QQQ is uncanny Actually, I think the QQQ's now look more like early Sept '00. It rallied from lows 30-45 days earlier, but had come down a little from highs the week before. Just a prelude to a bigger tanking. Jay

To: ajtj99 who wrote (77696)	5/31/2001 8:35:31 PM
From: Chispas	Read Replies (2) \| Respond to of 99985

AJ, I've been baffled by QQQ. It should have out-performed instead of under-performed the other indices. I'm still scratching my head. finance.yahoo.com

To: ajtj99 who wrote (77696)	5/31/2001 9:58:16 PM
From: Jack T. Pearson	Respond to of 99985

I don't see it. Look at the 2-year chart.

To: ajtj99 who wrote (77696)	5/31/2001 10:47:06 PM
From: FrozenZ	Respond to of 99985

May 31, 2001 Bush's Mistake in California By GRAY DAVIS ACRAMENTO — I hope President Bush understands how perilous a course he is setting for both California and the national economy with his opposition to caps on the outrageously high wholesale price of electricity — opposition he reiterated to me when we met Tuesday. California is experiencing an energy shock like that perpetrated by the Organization of Petroleum Exporting Countries in the 1970's. That episode plunged the United States into deep recession and gave rise to a long period of stagflation — rising prices in a no-growth economy. The size of the energy shock to California this year is likely to be in the range of $40 billion to $50 billion, according to Alan Blinder, the former vice chairman of the Federal Reserve Board. It is enough to threaten the still solid California economy with recession and to knock the nation's gross domestic product down by at least half a percent — enough to counter the stimulative effects that the Bush tax cut is intended to have on the stumbling national economy. As the Fed chairman, Alan Greenspan, observed in late January, "It is scarcely credible that you can have a major economic problem in California which does not feed to the rest of the 49 states."