Today, SPY decisively took out its March low, and QQQQ is up 0.81%? WTF?
You bulls is crazy!
Do you really think tech will not follow the SPX, Dow, and XLF down? Perhaps the IWM is next on the chopping block, but there is no way the Qs can sail along as the rest of the market sinks. So, let me take this opportunity to quote myself from 5 days before the market peaked on June 5th:
“Run from tech stocks! RUN!”
Was that a great call, or what?