What: QLD - Nasdaq Double Long
Is it time to go double long the tech index? The technicals say it might not be bad as the current price is above the 20, 50, and 100 day moving average. Volume is high and steady as the buyers beat out the sellers. Fundamentals? Warren Buffet article in Barron's over the weekend talking about his bull prospective of the sector. Lastly, I am becoming bullish on the economy as a whole.
Still don't know about this. Will look into it more.
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