Tuesday, 9 October 2012

Continuing Drop in Tech

While tech has had a nice run up in the last few months, last week or so has been nasty.  As seen below, QQQ is now at its 50 day moving average and there is a support line at 67.

Most of the drop has been driven by Apple stock drop of almost 10%.  We'll see if the impending ipad mini will reverse Apple's stock.

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