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.
 
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.
 
Quote from Trader KGB:

If you're looking for additional bearish confirmation, the Nas Comp broke its treadline on Monday (1/22). The NDX/QQQQ may be lagging the Comp, or the Comp may be susceptible to more headfakes (as seen on Thurs when the trendline was temporarily retaken).
More...

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

Attachments

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.
 
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