If you want to trade more volatile stoks, trade BRCM. It goes the same way as QQQ but its trading range is much higher.
Most of the DJIA stocks have reached support level. That doesnt mean they will take off from that point but will certainly stop sliding. How low can it go? Is Nasdaq catching the S&P? To be hoest, I dont really care. As a trader, all I care about is making money. So Dow Jones at 20000 or at 2000 doesnt bother me.
Swing, I tihink I am going to daytrade also. I signed up with longbull.com. Their performance is pretty impressive.
QQQ may be heading lower but expect a rebound in the following weeks. This has been one of the longest bear market.