Thursday, July 17, 2008

QQQQ Morning Update

Thursday, July 17, 2008, 8:45 AM EST
Closing price:
45.34 +1.10 +2.49%
Bottomed out as we predicted
The tech sector performed in-line with the market. INTC was unable to
ignite the techs because margins were on the low side of previous
guidance.
AFTER HOURS: EBAY reported in-line, guidance was weak, the stock fell 6%.
Intermediate-term outlook: BULLISH
Short-term outlook: BULLISH
Very short-term outlook: BULLISH

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