QQQ is the symbol for the Nasdaq -100 Index Tracking Stock. The QQQ's have just hit a new 52 week high and break-out from a perfect symmetrical triangle. 2000 on the Composite has been a major resistance for over a year and a half. This break-out will be seen by many traders as a major "Buy Signal" that started at market closing on Mon. Dec. 29/03. I went long on the break-out above $36.21. My short-term target is $ 38.50 with a stop at $ 35.74. Buying Call options on the QQQ is also a great trade right now. I use www.amex.com for my option quotes etc. Backgrounder: Nasdaq-100 Index Tracking Stock represents ownership in the Nasdaq-100 Trust, a unit investment trust established to accumulate and hold a portfolio of the equity securities that comprise the Nasdaq-100 Index. Nasdaq-100 Index Tracking Stock is intended to provide investment results that, before expenses, generally correspond to the price and dividend yield performance of the Nasdaq-100 Index, and its initial market value approximates 1/40 of the value of the underlying Nasdaq-100 Index. Tip: Never invest more than 10 % of your trading capital in one option trade.