Rochester, NY 8/23/2009 3:09:32 PM
PowerShares QQQ Trust, Series 1 (ETF) ,QQQQ PowerShares QQQ. QQQQ Never Drops
PowerShares QQQ Trust, Series 1 (ETF)
From time to time a market goes from a mega-bear to a mega-bull market, steady accumulation becomes the usual. But when you see regular days rises and then a gain “again” that would make more than the usual, this becomes very much out of the norm regardless of what kind of market and economy you are in.
Just like the case that happened to NASDAQ, and ditto for the NASDAQ 100 measured by the Power Shares QQQ(NASDAQ: QQQ) ETF. We have seen a steady rise in the S&P 500 in the same period, but the SPDRs (NYSE:SPY) did not seem to have equal number of consecutive winning days.-
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