The QQQQ (Nasdaq 100) is a few percents away from its .618 fibonacci retracement. I will look to buy some QID(Double short Nasdaq 100) if we were to reach this level... around $43.5 - $44. At this speed I don't think that I will have to wait too long ! BTW : I remain more than 55% cash and will become overly aggressive with double and triple short positions if we get close to S&P 1125.
