No replies to this topic

[CRUISENAL]

I bot 1000 shares of QID at 44.25 last Friday afternoon and sold today at 47.25. The QQQ or NDX or QLD are trading much like the first two weeks in April this year and I based my trade on that similar pattern and my indicators. And here we are a week from Christmas. Ya think we just might rally like the last two weeks of April? I am going in Long with QLD when it sets up. My guess is Thursday is up a bit, Friday down and either reverses, or reverses Monday and rallies into New Years. So that my short term FF!

This was my post on 12/01 http://www.traders-t...howtopic=136280

For the NDX it got a little bit deeper than 2240, down to 2219 today. And it might go a bit lower but I still think we could see 2400. Who knows but I will play QLD now at the proper entry for what it gives me.

So I bought QID near a low point and then sold it near a 50% retrace point today. It may still get to 61.8% but the meat of this run in QID os about doen IMO.

So let the rally begin! Alan