Tuesday, February 19, 2008

Quick look at QQQQ

"Tech is getting annihilated.
"This is the end of NASDAQ due to lower earnings expectations."
"This is consumer lead recession and therefore, since four horsemen of tech are gadgets makers - this is the end of the tech world as we know it."

Deja vu? This time it is different?
I do know - it is never different at the end, end is always the same - MARKET WINS.

Let's give QQQQ more time and somewhere between the end of this week and the end of the next week, and , who knows, QQQQ might just surprise us with "unexpected" move up.