Today I tuned into the Predictions part of Bulls and Bears on Fox, Gary had a prediction that QQQQ would be up 20% by the end of 2007. I just started laughing....
I'm short but the fact is above 2214 in NDX could be a vacuum. What you saw Friday in MSFT is what happens when a stock trades prices on the retest that were single prints on the way down. QQQQ under the right circumstances could literally trade 60 on air.