May 28, 2009 May 28, 2009 By charlie In , , , , , ,

NASDAQ 100 Bullidex ($QQQQ)

BPNDXQQV090528The NASDAQ 100 continues to fair much better than the S&P 500, exhibiting lower volatility with more rising stocks. How long this will last is undetermined, but it is best to wait for a trend change rather than anticipate it. I remain bearish on the S&P 500, and though I’m technically bullish on the NASDAQ 100, I suspect it is only a matter of time before this space succumbs to weakness.