SPDR S&P 500 (SPY): Well, I just got out of my QID ST positi...

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learningboutinv

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learningboutinv

Re: learningboutinv post# 57786

Monday, 08/18/2008 12:14:30 PM

Monday, August 18, 2008 12:14:30 PM

Well, I just got out of my QID ST position that I've been holding since last Thursday for +.65. I think we are getting close to the 60min support on the QQQQ at 47.66 that gleno pointed out. Plus, we tagged the 60min lower BB on the $NDX charts. I will keep my eyes open for another entry. Now that I am out I bet $NDX will drop to the $NDX 1920 level forming the "H" on the 60min. Will post a chart in a sec.

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