Short squeezes more likely than widespread selling: Citi

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PowerShares QQQ Trust, Series 1 (NASDAQ: QQQ) Delayed: 691.19 -14.16 (2.01%)
Previous Close $705.35    52 Week High $119.66 
Open $694.67    52 Week Low $94.84 
Day High $698.66    P/E N/A 
Day Low $687.79    EPS $0.00 
Volume 29,909,133       

S&P DEP RECEIPTS (NYSE: SPY) Delayed: 737.43 -9.98 (1.34%)
Previous Close $747.41    52 Week High $219.60 
Open $739.37    52 Week Low $181.02 
Day High $742.56    P/E N/A 
Day Low $735.21    EPS $0.00 
Volume 33,647,115