QQQ heading for 9-11 levels?

[nitro]

Originally posted by topguntrader
I remember post 9-11 QQQ got down below 30 (Around 27-29 level).....Man I wanted to load up the truck but scared to death....They then rebound into 41 range. Well we are back down there again....Is it time to load up???

There is a huge difference between panic selling and cogitated slow (in)digestion of an index.

nitro

 

[Steve72]

Originally posted by Dirk_from_TAcpi
For a long term fundamental play (no technicals) buy WCOM, but not for more then 10% of your working capital, and preferably below $1.5 or less. It is worth fundamentally some $12.31, which makes it a sell at $18 to 20$ (in let's say 1 to 2 years).

For a mid term play: buy NVDA below $31, with a target of $70 and then $97. It is worth fundamentally $58.01, and is still in an uptrend (look at weekly 3 year charts, logaritmic). Especially since (only) the large-caps are oversold.

Scanned this thread as it appeared on the hit list again.....noticed this clowns post from June. Hey Dirk, are you the same cartoon character who used to run around getting tooled on in "dragon's Lair" (anyone remember that game) or maybe you are a 70's era porno star wannabe. Either way I definitely do NOT want you managing my assets. Buy WCOM for up to 10% of your capital as it is steamrolling towards BK? My GAAWWDD!!!!! BUt that NVDA was a screaming buy at $30ish....can't wait til it hits that $97 target cmon chips!