Opinion on  NASDAQ 100 Trust Series I (QQQQ)     Sector: Financial  >  Industry: Misc. Financial Services
Bullish on QQQQ ...

Looking to start position 49 feel when market rebounds Qs will have xmas rally

Feel the bottoms about in here and looking now to see a rally based on good consumer spending and further rate cuts to propel qs to new highs before years end

And online sales on black Friday UP 44% , Cyber monday's numbers should be strong and this all bodes well for a xmas rally.  Technically qqqqs break 50 and will generate new buy siganals. Look for a break of 55 and the qs to end the year in the 60-70+ range.

As stated before a 50 break would set it up for a run to 55 test, the stock finished up in after hours to 51.55.

http://finance.yahoo.com/q?s=QQQQ.


The stock has good support now 50.80 a little resistance near 52 and then  resistance at 55.07 then breakout blue sky

http://bigcharts.marketwatch.com/interchart/interchart.asp?sy...

market weakness is good opp.