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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (199)1/4/2000 8:11:00 PM
From: gladman  Read Replies (1) | Respond to of 840
 
Holy Guacamole Batman!

The NAZ Goliath has finally been slayed - for a day at least. The NAZ was down over 100 pts while QQQ was actually up 1 1/2, I thought this monster was unstoppable but Billy helped us with his Greenspan dog-n-pony show.

The pre-earnings warnings is not a good sign IMO. Q4 earnings was the ace in the hole for QQQ or so I thought, it was the only factor I wasn't sure of and now it appears additional downside may be in the cards. Rising interest rates and a possible large cap shift to mid/small cap may force QQQ's hand. Oops, did I just say that?