Sunday, June 28, 2009

QQQQ


This chart of the QQQQ's shows how tech has been leading or at least holding the market up of late. I find it interesting that the H&S pattern has been rendered mute as the right shoulder was never formed. The Bulls could easily make the argument for a test of the highs. Target 37.25 and then getting VERY short the four horses of AMZN, AAPL, RIMM, & MSFT.


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