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6 pts

Opinion on  UltraShort QQQ ProShares (QID)
QID buy

Feb 15, 2008 01:11 PM GMT
Return Risk
-8.37% MID
Analyst

Macroeconomic factors don't suggest further technology spending as we are just seeing the financial crisis firing up.  Qid is one of the best ways to bet that the economic crisis will result in decreases in corporate profit and investment.  Given the recent uptick in unemployment and the massive unwinding of derivatives, credit will be tight for some time to come, which suppresses entrepreneurship and techno-upgrade.  Get into qid seems to be safe right now

QID:  This call was made on 02/15/08 @ $51.27
Rating:   Positive   $51.27 (02/15/08)
Closed:   03/23/2008 @ $51.44 (+0.33% in 37 days)
Target:   $65.00 (+26.78%) in Six months


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