So QQQQ is up 40% for the year

now we need rate cut
we really need rate cut
Bernanke do you understand?

 

Are you stupid?

 

your mothers son is stupid

 

LOL. Good stuff.

On what planet are the Q's up 40% for the year?

 

now 49.2
july low 35.6

49.2/35.6=1.38

 

For the year would be Jan.1/07 to now.

52 weeks would be July/06 to July/07.

 

That doesn't mean "QQQQ up 40% for the year" is a correct statement.

 

No rate cut will be needed. The Qs can advance forward with the rates above 6% if need be.

 

wow, I don't even know where to begin. Can someone else explain to this guy what being up xx% for the year means?