Subject: Re: What's on your shopping list if the slide con
I estimate the fair value (well, historically average valuation level) for QQQE is about $76 these days, give or take. The Nasdaq 100, but equally weighted, 1% each.
Getting that at a discount for a long hold would probably do well. Say, the 60s or below. Jim.

I have started DCA-ing into QQQE. Based on above fair value estimate of 76 by Jim, we seem to be getting into the zone of reasonableness. Today's low was 79.82. For added context, it's YTD down 10%, down about 18% from 52 week high and 22% down (in real terms) from its 2022 high. The "2022 high" which was actually achieved on 11/16/21 was 90.21 in nominal terms and 103.48 in today's dollars.

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