Edited by thespookyone, 19 July 2011 - 01:25 PM.
Pretty good squeeze ahead?
#21
Posted 19 July 2011 - 01:23 PM
#22
Posted 19 July 2011 - 01:57 PM
#23
Posted 19 July 2011 - 02:15 PM
#24
Posted 19 July 2011 - 02:23 PM
I think we will get a pretty sizable pull back next. The speculation soared, the cumulative tick is also o/b now.
Most americans at work don't even know about the news. Wait til it's printed in the papers and they come out of the woodworks.
#25
Posted 19 July 2011 - 02:24 PM
I'm Short QQQ at 58.79, as I said.
Are you going to hold these through AAPL earnings?
The normal scenario is to blow off and sell the next morning.
"When your position is underwater, average down" - Professional Trader
#26
Posted 19 July 2011 - 02:46 PM
#27
Posted 19 July 2011 - 03:12 PM
#28
Posted 19 July 2011 - 04:49 PM
Heh it was good for a point, only if you bought in 1222 + change though...
Long until S&P 1335 - too dangerous to step in front of this thing until then and would not be surprised of a Job Claims pop for a final squeeze and a slow drift on Friday cause of no news.
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#29
Posted 19 July 2011 - 05:01 PM
#30
Posted 19 July 2011 - 06:04 PM
I'm Short QQQ at 58.79, as I said.
Are you going to hold these through AAPL earnings?
The normal scenario is to blow off and sell the next morning.
Yes, I did hold. Could have actually taken a profit AH, but chose not to. I like the scenario you posted from 2010-give or take. If the QQQ were to make a new high here on current bredth-I think something much more sinister would be in the works South.