surprised?
If you brought QID or QLD at the begining of the year
Started by
traderpaul
, Feb 12 2009 11:46 AM
3 replies to this topic
#1
traderpaul
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Posted 12 February 2009 - 11:46 AM
Neither surprised?
surprised?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. " Rickoshay
#2
ogm
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Posted 12 February 2009 - 12:00 PM
Neither
If you add the distributions, whats the math ?
But I agree, these products are complete junk and aren't worth holding for more then a daytrade.
#3
IYB
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Posted 12 February 2009 - 01:21 PM
QLD is up on the year, as is QQQQ and NDX. A more interesting question to me is "what is QQQQ/QLD/NDX telling us?" I've always found it productive to pay attention to which stocks outperform during a decline. I used to post a "what's hot and what's not?" rundown here weekly based on relative strength of groups and individual stocks.....D
Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one. ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#4
traderpaul
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Posted 12 February 2009 - 01:31 PM
QQQQ 1/2/2009 opened at 29.83 now she is trading at 30.07.QLD is up on the year, as is QQQQ and NDX. A more interesting question to me is "what is QQQQ/QLD/NDX telling us?" I've always found it productive to pay attention to which stocks outperform during a decline. I used to post a "what's hot and what's not?" rundown here weekly based on relative strength of groups and individual stocks.....D
The red hot education stocks are taking a beating....The ice cold bank stocks stay cold.....
And we have heated arguments about melt up and crashes......
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. " Rickoshay
