Tag Archives: Nasdaq 100

Rambus Inc rallies, and has way to go!

Posted on December 2, 2008 by Ramki

Rambus Inc, a closely watched Nasdaq stock, has shot up from its recent low of $4.95 to close yesterday at $11.39. While there are clearly some fundamental reasons behind the aggressive buying (court ruling in its favor, perhaps?) the time was ripe for this rally from a technical point of view as well Continue reading →

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Qua Vadis QQQQ?

Posted on November 27, 2008 by Ramki

The QQQQ has rallied nicely from the lows. However, as discussed in my previous technical analysis of qqqq, (Has QQQQ posted a major bottom?) we would like to see a move to 30.46 before we can be comfortable about calling a bottom. Continue reading →

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Nasdaq Top 100 index reviewed

Posted on November 9, 2008 by Ramki

A few days back (23 Oct. to be precise) I posted the chart of the Nasdaq top 100 index while referencing to Trader Mike’s post of a potential symmetrical triangle in the Nasdaq Composite index. I figured that it is time to take a look at that chart again Continue reading →

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