Invesco QQQ Trust Series 1 (QQQ): All this gloom and doom makes board usel...

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Re: blindjohn post# 7344

Wednesday, 09/02/2020 7:07:59 PM

Wednesday, September 02, 2020 7:07:59 PM

All this gloom and doom makes board useless. Give a reason why it will correct?High PE is justified because interest rate is low.
Deficit projection is lowered by CBO because interest rate outlook is very low. Yes correction is possible anytime but it will be new bull market.
We have witnessed shortest bear market.
Recent rallies are because projection of election is changed. Mr. Trump have higher chances now to win again.
Good luck and happy trading.

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

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