QLGC went from 17 to 56 in two months time after the 9/11 swoon so I wouldnt be shorting this issue too soon especially in light of the massive short interest...(although getting less by the day <g>)
The 200 day comes in just above 40 and that may cause some pause but I think its only a matter of time until it breaks that to the upside just like MSFT is doing tonight as I type.
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