Discussion in 'Trading' started by empee, Mar 28, 2007.
I went long some S&Ps earlier, want to see QQQQ close above 44 today or tommorow.
wow its doing it while i was posting!
You trading the options? If so, how are you liking those penny spreads?
Interesting ,QQQQ closed up yesterday $43.52 about 00.06 year to date/quarter to date.
its made lots of lower highs, like $44.44.
As we speak [premarket about 8:04 chicago time,more lower highs.]
sellers bringing it down again after the morning gap
im still long and strong the S&Ps, looking for it to hold 43.60 area to precpitate the short squeeze. (referring to QQQQ)
I'm looking for yesterdays close to be a intraday double bottom. (thats why the gap up today), but not good that its selling off. Actually now i DONT WANT IT TO CLOSE THE GAP since it traps shorts and precipitates the squeeze.
SQUEEZE YOU PIGS!!!
if it doesn't go then there are ALOT of ppl trapped short.
this is your chance to back up the truck with a stop below yesterdays low or lower (in case they run the stops there).
QQQQ holding 43.60 is very bullish. I know its crazy to be bullish here but if it works we should get a great move and the Risk reward is awesome.
a close below 43.60 would invalidate.
Load up guys!
I was hoping for a nice reboudn today but forgetaboutit
score another one for the bears
this selling may go on for awhile
no point of buyig now since there are still 5.3 more hours of trading and plenty of time for more shit to hit the fan
EdIt just plunged into the red
Not time 2 buy
time to wait for a bottom again
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