Nasdaq at its lowest level in this year

thebestMAX

Diamond Member
Sep 14, 2000
7,519
140
106
So is my portfolio !!!!!

Wish I had some money now, I would be buying like mad.

"Go, Go, Go

QQQ

For IBhacknu."

Im a poet!!

 

IBhacknU

Diamond Member
Oct 9, 1999
6,855
0
0
you're the best (oh wait, you are 'the best');)

Well, no money to spend... I sold a couple winners and a couple losers. Rolled that into some more QQQ
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
I don't think the nasdaq is going to shoot up anytime soon (I'm not an investor though). Its been steadily on the decline for months now, and many investors feared for a while that it would happen...many of the stocks on the nasdaq were simply overpriced; many still are. Tech stocks are so damn risky now...
 

denali

Golden Member
Oct 10, 1999
1,122
0
0
I have been shorting the QQQ and DIA. However I have been buying euros. I think the NASDAQ still has a ways lower to go although I'm thinking stopping my shorts.
 

IBhacknU

Diamond Member
Oct 9, 1999
6,855
0
0


<< I'm thinking stopping my shorts >>

over the long term, the nasdaq should rebound. When that begins is anyones guess. It sure would be nice to get us a president (and see what effect that has).
 

thebestMAX

Diamond Member
Sep 14, 2000
7,519
140
106
Lower today, down another 68 points but they just stopped the hand recount in Dade county, good for Bush so we will see if we get a bump.

Really dont expect much trading now till monday. Low volume on friday so probably volitile down unless Bush is certified.
 

IamDavid

Diamond Member
Sep 13, 2000
5,888
10
81
I got out of the market 2 dayz before the election. Kinda saw this coming. I'll re-invest as soon as we can figure out who the better lawyers are. I'm thinkin Apple is lookin pretty good right about now.