Purely Technical - Nightly Commentary (December 7, 2006):
We think that there is a chance that a short-term top is in place on the QQQQs. The VIX is spiking, showing that options traders are starting to believe that there might be some danger in the weeks ahead. If this selloff conmmences, expect GOOG, which we've also added here, to be one of the leaders to the downside. Find each of these charts below.
Please find more Stocks and Options picks at our
public listing at stockcharts.com
You can find more Options and Stocks picks at our
public listing at stockcharts.com
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