THE STOCK & ETF CORNER

QQQ : Kiss me twice ?

QCOM/QQQ : Coincidence ?

Position : short QQQ.

 

 

VIX/QQQ : More evidence of an imminent top !

XOM/QQQ : Topping patterns

Time for another analogy.

The topping pattern in XOM that lasted for months in 2008 before a final fake-out.

The topping pattern in the QQQ's has lasted for months now, and I'm starting to wonder if we won't be due for a final fake-out at $60 before the real plunge.

It wouldn't be that surprising if the genetically modified scenario in the SPY that i published this morning takes place... stay tuned kids !