2 replies to this topic

[blustar]

The FED injection has me nervous even though some of my daily indicators suggest lower lows. Hourly is oversold but 4 hour still has room to the down side. So with that said and a test of the longer term trend line on the QQQQ near 46.90, I'm bailing for a nice profit and going to neutral waiting for Monday morning or whatever to re-evaluate. The pigs can have the rest of the scraps as far as I'm concerned. A nice tradeable bottom is only a day away according to my work and I will return to the long side when all is confirmed.

[blustar]

Bought QQQTV puts at .53 (too soon on Tuesday) sold for 1.15 this morning (probably too soon also but...) I'll take the money and run!!!

[CAzzaro]

Nice trade.