With the QQQQ (Nasdaq 100) making news record highs for 2009 as I'm typing this.. it seems quite intriguing that SSG (Double short semiconductor) is well above its prior low ! If I were asked to guess where SSG could have been a day like this one without being able to see the chart .. I would have thought much lower than $20..... hmmmm ! This means that SMH(Semiconductors) are starting to lose steam... not a good sign ,I say, for a much longer and sutainable adavance in the QQQQ's !
