Short QQQQ @ 21.78 on Nov.9-2006

Reason to short:
1). Bear Divergence on its daily charts. (Oct. - Nov. price up, but MACD down).

Short at NASDAQ 2378.

It may be a little bit too early to jump in based on the weekly MACD  (sign of top, but not yet).

Bought to cover @ 43.42.
Reason:
1). So many people saw bulls on Daqian, and the market seems very bullish.
2). The daily MACD cross up.