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#1 hiker

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Posted 15 August 2007 - 02:38 PM

.618 retrace of the decline from 57.11 to 40.63 would place price of QID at: 50.81 vs recent high last week of 47.78 .50 retrace is 48.87

Edited by hiker, 15 August 2007 - 02:41 PM.


#2 greenie

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Posted 15 August 2007 - 02:42 PM

.618 retrace of the decline from 57.11 to 40.63 would place price of QID at:

50.81 vs recent high last week of 47.78

.50 retrace is 48.87



Hi Hiker, I have a preliminary target of 280-300 on QID. This may be revised, as we move forward.

Do you think someone holding QID for more than a year will get LT capital gains tax rates?
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#3 Cirrus

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Posted 15 August 2007 - 02:51 PM

Covering majority my QQQQ short right around these levels at the close. I think theres another 40 to 50 cents in the trade but I'm thinking I'll have a chance to add tomorrow.

#4 hiker

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Posted 15 August 2007 - 02:58 PM

QID 200sma is above near 49.57...and day high is almost there. I am half out of QID here 49.40 plus