Went short Q's with QID on close
Started by
Chilidawgz
, Mar 23 2007 03:41 AM
4 replies to this topic
#1
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 23 March 2007 - 03:41 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
mdwllc
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Posted 23 March 2007 - 08:14 AM
Chili: I have a position in QID so you can take my statement in that light. It probably won't happen again now that I'm mentioning it, but I am finding the QID closes very interesting the 3 days. In the last minute of trading, it is appearing to make a 20-30 cent price move....presently, I am assuming that it's day traders closing out positions but I'm not completely convinced of that hypothesis as of yet... anyway, I am not using the last minute to establish positions....MDW 
Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence
Be Sure to Perform Your Own Due Diligence
#3
KCScott
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Posted 23 March 2007 - 09:00 AM
Chili: I have a position in QID so you can take my statement in that light. It probably won't happen again now that I'm mentioning it, but I am finding the QID closes very interesting the 3 days. In the last minute of trading, it is appearing to make a 20-30 cent price move....presently, I am assuming that it's day traders closing out positions but I'm not completely convinced of that hypothesis as of yet... anyway, I am not using the last minute to establish positions....MDW
Are you still holding 6K or did you stop out on Fed Day?
KC Scott Blogs at IBC: http://ibankcoin.com/kcscott/
#4
mdwllc
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Posted 23 March 2007 - 09:56 AM
Chili: I have a position in QID so you can take my statement in that light. It probably won't happen again now that I'm mentioning it, but I am finding the QID closes very interesting the 3 days. In the last minute of trading, it is appearing to make a 20-30 cent price move....presently, I am assuming that it's day traders closing out positions but I'm not completely convinced of that hypothesis as of yet... anyway, I am not using the last minute to establish positions....MDW
Are you still holding 6K or did you stop out on Fed Day?
Still in..that's the reason I'm looking at the close so closely. Our work continues to indicate the potential for a significant downside [I've decided against posting numbers on this board but I can tell you it's lower than Frac's projection] in equities, in the time frame between 3/5 to 6/29th...MDW
Lead, Follow or Get Out of the Way...
Be Sure to Perform Your Own Due Diligence
Be Sure to Perform Your Own Due Diligence
#5
jonbear
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Posted 23 March 2007 - 12:26 PM
MDW,
I certainly appreciate your posts on all of your positions taken and closed in all markets and futures as I have found your turning points and positions to be very helpful to my trading. Please continue your updates on one of the TT boards.
Thanks in advance - Jon
I certainly appreciate your posts on all of your positions taken and closed in all markets and futures as I have found your turning points and positions to be very helpful to my trading. Please continue your updates on one of the TT boards.
Thanks in advance - Jon
Chili: I have a position in QID so you can take my statement in that light. It probably won't happen again now that I'm mentioning it, but I am finding the QID closes very interesting the 3 days. In the last minute of trading, it is appearing to make a 20-30 cent price move....presently, I am assuming that it's day traders closing out positions but I'm not completely convinced of that hypothesis as of yet... anyway, I am not using the last minute to establish positions....MDW
Are you still holding 6K or did you stop out on Fed Day?
Still in..that's the reason I'm looking at the close so closely. Our work continues to indicate the potential for a significant downside [I've decided against posting numbers on this board but I can tell you it's lower than Frac's projection] in equities, in the time frame between 3/5 to 6/29th...MDW
