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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (14466)5/11/2002 4:51:09 PM
From: TimbaBear  Read Replies (1) | Respond to of 78741
 
Wallace Rivers

If you or I could call the absolute lows and highs in stocks, we wouldn't be posting here on Silicon Investor! ;>)

I wasn't referring to absolutes, I just try to ascertain that I'm within 20% of either the top or bottom. I don't see that kind of clarity in the situations you propose.

It is indeed differing opinions that make a market!

Timba



To: Wallace Rivers who wrote (14466)5/11/2002 6:50:19 PM
From: jeffbas  Respond to of 78741
 
Wallace, if you look at the following chart

quote.yahoo.com

you will see that QQQ has gone from about $120 to under $30 now. It also looks as if it could go to $20. However, it is obviously much closer to the end of the decline than the beginning. I think your idea of buying QQQ makes sense, but I would do it 1/3 at a time, between here and $20.


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