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Thursday, November 17, 2011 12:03:32 AM
QSII Chart 11/16/2011
This could be the last chance for a run up for QSII IMO. Today’s chart could be forming a double bottom followed by a nice bounce or could be starting a serious down trend here. Since the original up trend was fueled by funding from the fed in the first place and now that funding is drying up it could very well be bail out time here traders.
Let’s see what tomorrow brings but I have my finger on the sell button here traders.
Cheers \_/
This could be the last chance for a run up for QSII IMO. Today’s chart could be forming a double bottom followed by a nice bounce or could be starting a serious down trend here. Since the original up trend was fueled by funding from the fed in the first place and now that funding is drying up it could very well be bail out time here traders.
Let’s see what tomorrow brings but I have my finger on the sell button here traders.
Cheers \_/
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