ProShares UltraPro Short QQQ ETF (SQQQ)

[Agoura Guy]

THE PPT'S FUNCTION IS TO PREVENT INTR-DAY COLLAPSES, THEY ARE NOT INVOLVED IN MARKET TRENDS, THAT'S A FUNCTION OF THE FEDERAL RESERVE. FOR THE PAST 14 YEARS THE FED HAS BEEN PROVIDING UNLIMITED LIQUIDITY USED BY VARIOUS PLAYERS TO PUMP UP THE MARKETS. NOW LIQUIDITY IS BEING WITHDRAWN RESULTING IN A REDUCTION OF LEVERAGED ASSETS. THIS IS WHY THE MARKET IS IN A DOWNARD TREND.

CHANCES ARE MARKETS WILL FACE SEVERE CORRECTION IN OCTOBER, THERE IS NOTHING EVEN THE PPT CAN DO OTHER THAN MOMENTARY MARKET INTERVENTIONS.

THE TREND IS STILL DOWN!!!!

IN THE LONG RUN SQQQ $70-80 IS MY PREDICTION!!!!!!!!!

SQQQ $52'S PRINTING IN AH'S!!!!!!!!!!!

ALSO, SEE HOW SQQQ IS MOVING UP IN HIGHER PERCENTAGE MOVES COMPARED TO QQQ AS IT DROPS? PREVIOUSLY SQQQ WAS ONLY MOVING 30% OF QQQ, NOW IT MOVES OVER 50%. SOON SQQQ WILL BE MOVING 60%.... SQQQ TRADES EXPONENTIALLY TO QQQ. THIS IS WHY SQQQ $70-80 RANGE IS NOT UNREASONABLE TO EXPECT.

THIS MARKET SURE IS FUN!!!!!!!