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Nasdaq 100 gets technical.(Hot Commodities)
It's all about technology with the Nasdaq 100 E-mini futures, which traded at high levels before their 10% sell off at the beginning of November. Analysts say tech stocks are part of the reason for the Nasdaq 100's success and will bolster it in the months ahead.
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"Since Apple announced the iPhone, it gave people good feelings about tech stocks and that other companies would have the same success," says Larry Levin, president of Secrets of Traders.
Steady performance in the tech sector and the global economy should keep the Nasdaq 100 on solid ground.
"Tech is the one sector not impacted by the subprime meltdown or the …
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