Today should be quite interesting. Being the final day of the year, it will be the last day for tax loss selling. The gaps have been filled and the fight between the bulls and the bears stopped at the 4.38 level on Friday.
At this point, if there is massive selling for end of year losses, QD will need to hold above 4.00 I'm going to be a buyer if we hold above 4.00
It's been pretty easy to make money on these smaller bounce plays. But, I would really love to make some BIG cake on a NICE bounce here after this end of year, and short selling ends.
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