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Tomorrow gap or drop


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#1 jg1

jg1

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Posted 28 October 2008 - 04:30 PM

I am sort of neutral. Holding QQQQ bought yesterday close. Sold UYG bought yesterday in afermarket and sold today in aftermarket. Did not trade at open because not around. QQQQ up eleven per cent UYG up twenty two percent. What are the chances in this market. Distribution big guys selling to little guys then they drop them and at some point make the little guys chase them. Is this the start of this or just another day. Where is that QID maybe holding that QQQQ is not a good idea. What do you think. I have been bearish since last November. Been saying for months bottom is going to be within five days of the election. Where does that leave me now. Nibbling.