What a nice jump up start today - QID

As pointed out before, bulls will push S&P up to next level, namely 1200 ...

Very happily to see QID breaks down 20 today. Hopefully, QID can become single digit some time in 2010 ...

Cheers and enjoy !
at 12/21/2009 11:28:00 AM

2 comments:

  1. AnonymousDecember 21, 2009 at 11:51 AM

    That would mean QQQQ's would reach an all time high or at least above 2oo7 highs.

    ReplyDelete
  2. TigerDecember 21, 2009 at 12:55 PM

    Anything could happen in the stock market. It is irrational in its super nature.

    When QLD is below 22, I said QLD will be above 35,the similar question is posted ( if so, qqqq will be blabla ...) What happened now, QLD is above 57 ...

    Can you imagine that ?

    So again, this stock market is irrational in its super nature. No doubt at all. Only after understanding this, we will know how the super cycles work in the market.

    Cheers !

    ReplyDelete

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