Seeking Alpha

engineer1 » Comments » QQQQ

  • Tech Stocks to Lead the New Bull Market Higher [View article]
    Re spell check -- Not everyone is an English major. JJ
    Apr 29 21:50 pm |Rating: 0 0 |Link to Comment
  • Top 50 ETFs by Revenue Per Fund [View article]
    Does anybody know where I can find a list of all these lists? JJ
    Apr 24 22:42 pm |Rating: 0 0 |Link to Comment
  • 7 Reasons March Was Not the Bottom [View article]
    I think we are in a little trading range here and I am shorting the tops of the rallies with Bear market ETF funds and selling them on the dips. I think we will see plenty more rubber band rallies with bullish investors becoming increasingly frustrated with thier inability to get on board before the upspike. This is a very bearish condition and DJIA 12,600 looks a lot like serious resistance to me. It is surprising to me how many companies with " overseas profits" are into the financial market as well like GE. Another result of US economic conditions (foreclosures, job loss, etc.) is the sheer amount of used items on Craigs list and the like that are currently for sale at bargain basement prices. With Chinese manufacturing costs going up and shipping costs on the rise as well even those who are in the market to buy can probably find good deals on used local merchandise left over from our nationwide shopping spree much cheaper than China can manufacture it. Also unlike the last decade new items are not so next level better than used. So how can anybody truly say that the slowdown is contained to the United States. If the markets truly predict the economic future than could the Hang Seng being quite down against the backdrop of good earnings and good economic times be an indication that the rest of the globe could be affected by our problems? If so I think that could really impact the earnings of company's that count on a continuation of global expansion to prop up their bottom lines. Anyway the market does not have to make sense, but until proven wrong I intend to be short after every sharp rally and limit my long positions to only the strongest performing sectors. JJ
    Apr 13 17:38 pm |Rating: 0 0 |Link to Comment
  • Get Ready for the Last Rally  [View article]
    The trouble right now with the globally dominant franchises is they are mostly owned by mutual funds. Joe mutual fund is selling and getting out of the market depressing many of these stocks. I think that if you wait a while these stocks are going to be an extreme bargain. Right now watch the mutual fund money fleeing the market and correspondingly plenty of selling of these stocks. Good luck out there, do your homework and be carefull.
    Mar 09 14:35 pm |Rating: 0 0 |Link to Comment
More on QQQQ by engineer1
Comments by Ticker
engineer1's
Comments Stats
9 comments
Rating: -1 (0 - 1 is )