Saturday, June 21, 2008 12:48:22 AM
QQQQ closed below double top confirmation today, second time it has done that in this pattern.
I'm still long the QQQQ's, and believe that their recent behavior had more to do with expiry today than anything else. With RIMM's earnings next week, and AAPL and GOOG poised to spring upward, I'm not ready to go short, but when I am, I'll be looking at QID calls.
http://finance.yahoo.com/q?s=QID
Congrats on your GREEN trades to day.
I'm still long the QQQQ's, and believe that their recent behavior had more to do with expiry today than anything else. With RIMM's earnings next week, and AAPL and GOOG poised to spring upward, I'm not ready to go short, but when I am, I'll be looking at QID calls.
http://finance.yahoo.com/q?s=QID
Congrats on your GREEN trades to day.
Who's that casting devious stares in my direction?
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