if you wanted to short the QQQQs,

Hey all, I wouldn't short tech anytime soon...

New product cycles from Microsoft and Apple will be catalysts for future growth in the industry...

My 2 cents.

 

if there is not significant downside movement in the short-term i will be very surprised.

 

I'am long the QID. I use technical analysis and expect the market (qqqq's)to sell off after the open. I know the semi's had a technical bounce on Fridayto sucker the public. Watch the fall.

 

I think the QQQQs are more notorious for headfakes than the composite itself. See that two attached charts for what I mean.

 

The chart for the composite shows no head fake.

 

now short QLD from 84.21.

you had to see this coming, what with the previous highs on the QQQQs untouched while the DJ makes new highs. this is a hedge for my longs.