I am sure everyone can see that it appears the nasdaq wants to fall hard here. A prudent long might stand aside. Because I am looking out more than a few days, I will stand by the qqq buy at 23.91, although my indicator is tilting back and forth at this crossroads.
So short term conservative folks might want to stand aside. I am going to stand pat and take my lumps, and I will be gone for the rest of the day.