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Powershares QQQ: What s Stopping It From Hitting $55?

Posted on May 30, 2008

Powershares QQQ (QQQQ), the exchange traded fund that seeks to replicate the NASDAQ-100 Index and tends to track the tech-laden NASDAQ, has been trending higher and looks to be breaking out above $50. Believe it or not, in the coming months it could re-test last summer s high of $55.07. That s because the largest holdings comprise [...]...

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qqq , tech