The QQQQ just closed the November gap I talked about this morning (see chart below). It got a real quick bounce off of 39.34 which is one cent below the close on November 2nd. I’ve yet to make any moves because I don’t think panic has really set in yet. I’m gonna wait until after lunch and then pick up some Qs.
In related news, the Nasdaq is now negative for 2006. 
Wow, as I typed this the Qs rolled over and are now at 39.25.
Update @ 11:33: OK, I had to take a stab after that drop to 39.23. I’m in at 39.30 with a 50 cent stop.
Update @ 1:19: I just dumped the Qs at 39.41. Looks like it wants to retest the lows. I’ll reconsider getting in around 2:30 or so
