OC: If you have never tried the QID to play direction, you may want to have a look at it. It is one of the vehicles I like to ride.
Short Q's from this morning's open. Short SPY from 139.75 today Got Flat DIA on the open Holding Flat IWM Holding Long MDY Holding Long FTSE Long FDAX from the open That's all of my index postions as of now. You have followers? In your dreams anyway.
Could you check if there were any impressions for this thread? Also 40 million visit this site per day (they are not ET members). What do you think they do when they visit this forum? You now have a larger number following you as well. This does not mean they will do what you or/and I are doing. Most people do nothing or the opposite.
A retest of today's high is possible. If it has energy for a retest, makes the test, and fails, then all hell may break loose (close to the time when fed the goose comes out of snoose).
1:17PM: if you missed the earlier entry, and want to go short, this might be the time and price to go in with the understanding that it might still go 1 to 2 point higher. It is now: NDX=1947. Good luck to you if you go in.
Please, no need to worry about me. I have been long 10 NQM8's from a few weeks ago and will let the market take me out via a stop. I have no idea where the market is going, I'm just in it to make money, not predictions.