How many QQQQ can I buy with ?

or maybe the newb is right. this is where experience and applying any thought to the market will kill you.

Ahh.. to be mid 20s again and know nothing...

 

Ignorance is bliss

 

Unfortunately folks, this post and a few others, most specifically that blissful MD who was averaging down in Intel a few months ago are signs of irrational exuberance. Good day.

 

We both know, averaging down is a fast path to the poor house: markets can soar, while specific stocks tank.

"Irrational exuberance"...I would term the past few months as "Irrational Doom and Gloom-erance" IMO, of course

 

I had to many beers last, night couldnt think.

So I didnt trade.

 

lol. typical. not owning up to a trade.

 

Geez Digs,

I thought that was you buying that 6 million share block just before 3 PM

 

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Actually my plan doesnt permit me too average down QQQQ or INTC;
but Cramer called something like a bottom in INTC recently and
semisector got so low in OCT=screaming buy ,
looks like the gaps held for now,
looks like that uptrend is a friend .

Elite trader is right to ask how much can you lose on QQQQ????;
all right ,4 th quarter tends to be strong for tek stocks,
but thats not a prediction.

 

True about the semi's ... there was a washout last friday, they gapped down right into a three year uptrend, and bounced big...the SOX had 413 as a low...rallied to 454 today, to close at 449...up over 8.5% in four days..........................

 

hahaha!