ETF SWING & DAY TRADING

[CaribbeanJim]

QQQQs and Metals

I think being diversified in both 50/50 Gold and QQQQs is a great way to play it. We are in early phase of a parabolic move on the NDX. You may want to split the 50% on the QQQQs and use half to play MDY. Recently, the MDY and QQQQs are tied as far as gains go but MDY has had less risk.

I think this is where we are at in the midst of our parabolic move. Notice the bubble had an arc to it coming down. We've so far been in a gentle arc on the corrective phase, but the angle is starting to turn steeper and the gains are growing faster (as witnessed this week). It has all the right ingredients of a parabolic move.