‘QQQQ’ Archive

QQQ about to do a Houdini act today or very soon?

07/22/2011, filed under Nasdaq 100, QQQQ; 1 Comment.

 CLICK ON CHART TO ENLARGE Shared the above chart yesterday morning, sharing that the NDX looked prepared to do a “Houdini act” and escape from its multi-months sideways channel. (see Houdini post) Below is an short-term update of the QQQ ETF… CLICK ON CHART TO ENLARGE A week ago Apple was facing similar resistance and [...]

Lucky Day for the Q’s?

03/17/2011, filed under Nasdaq 100, QQQQ; 3 Comments.
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CLICK ON CHART TO ENLARGE At the Kiss of resistance (1) positions to score on defense were suggested. So far the NDX 100/QQQQ’s have declined almost 10%, and PSQ is up almost 10%. Game Plan….For VERY AGGESSIVE investors only.  Be a buyer of PSQ at falling resistance with a very tight stop!   Good spot, if aggressive [...]