Replies to post #81238 on Zeev's Turnips Patch-No Politics (ZEEV)

[Ace Hanlon]

RYJPX is extremely volatile despite being just a 1.25 play. Reflects currency movements and probably futures as well. The EFT EWJ often gives a fair idea of what RYJPX will do that day.

[positiontrader]

Steve,

Rydex does have velocity funds that are 2 x NDX.
I went long today.Putting my horns back on.

Regards

Marc

[TREND1]

(1)Today's QQQ high has not exceeded yesterday's high.
(2)This week's QQQ high has not exceeded last week's high.


Translation:
QQQ trend remains down.IMHO.

But there is always another day(g)