Short Term Traders-Listed Stocks

[QuickTrade]

re: comp & qqqq. Just sit back and relax tommorrow and the next few trading days. The trend is red and it's a better time to short stocks but best thing to do in this type of market is sit back and relax. Stay cash.

It might pop in the morning but if you hold positions just sell into that strength imo. This is what happens when the fed doesn't do what investors wanted them to do. They will continue to raise interest rates so people are taking their money and stashing it away and making sure they have enough cash.

The economy will slow down but with variable rates out there and minimum credit card payments doubled now, people will get into their "saving" mode until the feds stop raising the rate!