Can RIMM Sink The Nasdaq? Asks Dr. Joe Duarte

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September 25, 2009 9:11am NASDAQ:QQQ NASDAQ:QQQQ

etf-news7The Powershares Nasdaq 100 Trust (QQQQ) shook off the selling on Wednesday, but on Thursday it sagged. And the bad earnings report from Research In Motion (RIMM) could make things even tougher on Friday. Duarte added: It’s


 the end of the week, and a bad earnings report from a leading player like RIMM is likely to make the market skittish on Friday. That could have a nasty effect on QQQQ and the rest of the market as well.

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