The market reversal is in place to the upside and for those still holding the QID, there will be much more suffering on the way. The NAS has so much more room to trend up that the QIDers will be hit hard. QID to 37 within two months. Those in love with the QID can not see the trenda and will lose the most.
Hey bud. I am not saying that QID won't go down some more, but to say $37, you are really pulling something up your butt. Have you not noticed we are in a recession. All economic indicators says so. Just because the fed bail out the financial doesn't mean more money in the consumers pocket or companies are hiring. I say we reach the top tomorrow, and will trend back down once the shorts stop covering. What true investor would buy and hold when everything indicates not only a recession, but a prolong one.