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Weird QQQ spike on 8/1 met, is this the top?

Started by uburack , Sep 22 2016 11:21 AM

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7 replies to this topic

#1 uburack

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Posted 22 September 2016 - 11:21 AM

Makes as much sense as anything else. fully short now.

John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.

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#2 alexnewbee

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Posted 22 September 2016 - 11:39 AM

Top and bottom calling is very difficult. But sometimes possible.
This could be it. Or not.

"we do G.d's work" Lloyd Blankfein

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#3 gameover

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Posted 22 September 2016 - 11:49 AM

ATH's

only

to

continue

on

to ATH's

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#4 alexnewbee

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Posted 22 September 2016 - 01:36 PM

Good one, at least ST

"we do G.d's work" Lloyd Blankfein

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#5 uburack

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Posted 22 September 2016 - 02:02 PM

ATH's

only

to

continue

on

to ATH's

I think that's a no brainer to anyone who has watched the last few years. Let's see if you REALLY have inside info...

Ask your "agents"... What will happen to Trump on the 26th? :-D

John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.

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#6 jjc

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Posted 22 September 2016 - 03:50 PM

Makes as much sense as anything else. fully short now.

No. That marked the beginning of consolidation period to shake out both sides so that the large move could be made. More to come.

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#7 Charvo

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Posted 22 September 2016 - 07:30 PM

It seems like liquidity surged back into the market after the Fed. I think EEM will go down first before US indices go down. I think QQQ is the place ot be for now. Even the short volatility trade is coming back with a vengeance. VXX near the recent lows and will probably break it in a couple of days.