NASDAQ 100 Trust Shares (QQQQ)

All Comments on QQQQ

  • commenter
    Oct 06 01:05 PM
    My Website
    Rising Gold and Silver: Essential to Any Investment Strategy [view article]
    It's just amazing how the market is getting spanked yet silver remains strong. Reply
  • commenter
    Oct 06 01:04 PM
    Cash Position Best for Apple Investor [view article]
    Bought more. People aren't going to go back to typewriters. Reply
  • commenter
    Oct 06 12:33 PM
    Comparing Value-at-Risk to Crash-and-Burn [view article]
    The problem is that saying you're measuring "risk" based on "normal market conditions" is circular reasoning. The major risk rears its head when multiple things go wrong simultaneously, and given the number of different things that can go wrong, it'll inevitably happen.

    Those are precisely the times when LTCM or the CDO market rolls over and dies, and simply assuming those situations out of your model means that your model is inadequate for the specific job it's supposed to do.
    Reply
  • commenter
    Oct 06 11:53 AM
    My Website
    Comparing Value-at-Risk to Crash-and-Burn [view article]
    VAR is not the problem. The problem is that people don't understand it is a model.

    While VAR can approximate risk, given the normal fluctuations of the market, based on past market behavior, it can't approximate for the bad, and some might argue fraudulent investing decisions that are at the heart of this financial crisis. That's because no economic or mathematical model can predict human behavior.

    If you think because your portfolio meets some arbitrary level of VAR that means you are fine, then you are in trouble. If you realize it is one piece of data that can help you understand the whole picture, then you are using your brain.

    It worked for a long time, because it did exactly what it claims to do: measure the value at risk in your portfolio given normal market conditions.


    Reply
  • commenter
    Oct 06 11:49 AM
    My Website
    Rising Gold and Silver: Essential to Any Investment Strategy [view article]
    Does anybody know if Kitco is a reputable broker?
    Thanks
    D
    valuestockinvestors.bl...
    Reply
  • Wall Street Breakfast: Must-Know News [view article]
    Two big uncertanties:
    1. How bad will the financial pain be of the US consumer and government getting off of it's credit card addiction? Probably long and painful.
    2. How bad will Obama be for the economy, with higher taxes (94 votes are a better indicator than a campaign promise), a trillion dollars of new spending commitments, and an energy policy against nuclear, oil, and coal - which make up over 90% of our current power generation? More painful, but probably only four years.
    Reply
  • commenter
    Oct 06 11:43 AM
    My Website
    Cash Position Best for Apple Investor [view article]
    i hope this stock drops to $25
    Reply
  • commenter
    Oct 06 11:41 AM
    Bailout Bill Passes; What Happens Now? [view article]
    one blue shoe, I don't trust Canada to act as a sovereign. When capital controls come to the US, I expect that Canada not only will be an enthusiastic participant in enforcing those controls but will also impose similar controls of its own.

    The best evidence for this I can offer is Switzerland. Thanks to international pressure over everything from Nazi gold to money laundering to tax evasion, anyone with a Swiss bank account might as well open accounts with the IRS, the DEA, and the FBI at the same time since they'll be getting daily updates on all your activities. If you can't trust Swiss banks to look after your interests, how can you possibly trust Canadian banks?
    Reply
  • commenter
    Oct 06 11:33 AM
    Cash Position Best for Apple Investor [view article]
    Say, Zach - what the heck do you know about Head and Shoulders? Reply
  • commenter
    Oct 06 11:29 AM
    My Website
    Cash Position Best for Apple Investor [view article]
    Just make sure that if you are going long that this time you stay protected with an intelligent exit strategy that is giving the stock room to breathe yet keeping losses to a minimum. see www.smartstops.net Reply
  • commenter
    Oct 06 11:25 AM
    Cash Position Best for Apple Investor [view article]
    Apple is now trading at a forward P/E of 15 and they've sold more iPhones than even the most bullish estimates. At some point this craziness must end. Reply
  • commenter
    Oct 06 10:50 AM
    Cash Position Best for Apple Investor [view article]
    All I have to say is that those who take his advice and sell at these levels will likely regret doing so very soon. Reply
  • commenter
    Oct 06 10:40 AM
    Cash Position Best for Apple Investor [view article]
    Rather than sell and lock-in potential losses, the smart strategy for "long-term" AAPL investors is to average down. If I had sold my 4800 shares during the last economic downturn I wouldn't be up $500,000 in my holdings today. I will be adding to my position during the panic and bloodletting. I just love to feed off of the weak minded short-term thinking goons that call themselves investors.

    Oh, and nice article Zach. Keep up the good work. :o)
    Reply
  • commenter
    Oct 06 10:24 AM
    My Website
    Rising Gold and Silver: Essential to Any Investment Strategy [view article]
    Effectively Sanchez is saying that gold will profit from uncertainty near term and up to about six months out. By that time he implies that a successful resolution of the credit trap would improve the economy and gold would fall. But even the eventuation of a severe world wide recession would also cause gold to fall at some point in time. So I think one may want to increase on gold short term but not as a total replacement for productive (interest, dividends, capital gains) investments.

    Reply
  • commenter
    Oct 06 10:23 AM
    Wall Street Breakfast: Must-Know News [view article]
    The $700B bailout is only window dressing. The day before the House voted down the Paulson plan, the Fed transferred $845 B to European banks and other financials. Grant’s Interest Rate Observer said that Reserve Bank credit surged by $203.6 billion, to $1.135 trillion, in the banking week ended Sept. 24. And Merrill Lynch’s guess is it has soared to $1.730 trillion in only the past few days, a near doubling since May 2007

    The government is using a business model straight from hell, loaning out funds at 2%, while borrowing from foreign governments at 5%. Worse, much of the money to do these actions is being created out of thin air. A clerk can enter a few keystrokes on a computer and a $Billion, or $100Billion, appears.

    The value of the dollar will fall, must fall, as the powers that be debase the dollar at a never-before-seen clip. "Investors" who are not buying gold will be hammered when the logical consequences of this policy occurs. You'd best have your seatbelt fastened, but gold is your 'airbag'.
    Reply