All Entries Tagged With: "QID"
$QID Trade
The market ran into resistance a third time today so I’m going to nibble on the short side again by buying QID. Stop limit @ $36.27, stop @ $34.70, first target @ $50.00, second target @ $72.00.
Big Day $QQQQ
What a day! After a gap down right at support the market just ripped higher all morning then consolidated at the highs in the afternoon. It’s a good thing we closed the QID position last week and bought the Qs. I was hoping to re-enter the Qs today on a pullback after taking profits at [...]
Market Update Thursday 5/21/09 $QQQQ
The market fell short of our 950 SPY target and formed a lower high on the daily chart. I still believe we will end up breaking the March lows so just in case this starts the move I took a position in QID (Ultrashort QQQQ) today. The question will be whether the market can break [...]






