SI
SI
discoversearch

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.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (59786)6/11/2002 3:40:06 PM
From: larry  Respond to of 77399
 
Dave,

The main issue with a weakening dollar is the potential inflation it causes. Greenspan is driven to corners and is trapped in a catch 22 situation. Although not everything goes wrong as he deviced, a majority of the things did go wrong and are turning worse. I am looking for another 10% haircut of the NAZ and maybe S&P 500 in the very near future. I am beginning to believe that NAZ is close to fair value and QQQ might be a decent buy for the long haul. However, I am afraid that the massive DOW correction will drag the NAZ down further. So I am holding tight and will probably make my first serious long term buy of NAZ when it hits 1400.

larry!