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Replies to #36038 on The Black Box
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dieselfuel

08/25/14 2:22 PM

#36039 RE: Fletch #36038

Yes, I sold UPRO @ 122.47 this morning. I'll look to re-enter in a few days.
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dieselfuel

08/25/14 2:35 PM

#36040 RE: Fletch #36038

Hi Fletch,

I don't think it would be unreasonable to expect $38.20 for SQQQ on a pullback in $NDX. If the $NDX is green at the close and opens green tomorrow, that would be a "gift", imo. One I couldn't pass up.

I'm going to try for a small position in SQQQ today. And, add to it tomorrow. That's the plan, anyhow. :>)


df
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dieselfuel

08/25/14 2:45 PM

#36041 RE: Fletch #36038

Alright, I couldn't resist! I'm in @ 35.91 (SQQQ).

I have an EXTREME overbought reading on my favorite indicator for $NDX.

Wish me luck!

df