I'm still holding my QQQQ short which started of as a hedge to my longs. I entered at 39.99 and am down a bit as of close of of 8/28/09. The markets have been working off a ST overbought condition by chopping sideways above their August ranges. These Aug. highs have been holding as support. We're going into labor day weekend next week so I am expecting volume to be lighter although Sept. should bring some heavier moves (based on historical data).
