xe2dy, your last week actions have earned my respect, it's very hard for anybody to short when SMH and QQQ at a level of this year low.
I made a fatal mistake for going COUNTER TREND, as a result I paid dearly for going Long last week.
You are the one to guess it right.
50 years market statistic has shown us that August and sept are two worse months for Market, especially Tech stocks.
The Boys have gone to the Beach with their families,
the slow volume tradeswill continue to the end of summer. if volume is the weapon of the BUll..... the market will trade side way to down, and Bear will short any BOUNCE.
Please make sure to read McHughe comments.
Ps I have Ameritrade account,and got Real time chart STREAMER, i dont subribe to IQC charts any more.