QQQ short

Discussion in 'Stocks' started by toolazy, Jan 17, 2017.

  1. toolazy

    toolazy

    Received alert for short in QQQ, i mean technology stocks.

    Checked chart and is quite interesting that price right now matches exact year 2000 high.

    With trump rumbling about tech stocks and everyone confused this is better opportunity out there. Some quick 50% drop would be in cards based on recent upside.
     
  2. ok good luck
     
  3. Robert Morse

    Robert Morse Sponsor

    What have you done to "bet" this prediction?
     
  4. It took a month. Still not convinced this a real dip just yet though. Either way I'm staying short for now
     
  5. toolazy

    toolazy

    nothing yet.

    wait for trigger.
     
    Robert Morse likes this.
  6. Robert Morse

    Robert Morse Sponsor

    I can't add up my losses over the years from my opinions over when the market will change direction. I find it is more profitable to be conservative but trade the market we have vs what I expect.
     
    vanzandt and Overnight like this.
  7. toolazy

    toolazy

    different type of signal. mine works as predictor well.

    however, this one I linked to trump.

    if my signal is correct then trump is for real and nasdaq stocks will not be favoured. he was signed in and new trends will start in new week as insider money figures out what is going on.

    there is general disbelief, which is good for my signal.

    So, yeah, will just wait for some sort of tl break or gap or similar with a decent size stop.

    Signal expires in 3 days.
     
  8. vanzandt

    vanzandt

    Trumpy is going to rain fire down upon ISIS within 60 days max.
    There will be no warning.
    These markets will soar. If for no other reason than "The patriotic bump".
    After that.... go ahead and short.
    Z wearing his Madame Marie hat today for whatever reason.
    It comes and goes.
     
    victorycountry likes this.
  9. I would pay attention to his comments prior to any relevant events.
    I'd expected US dollar to appreciate and US stock markets to fall upon his speech on his inauguration but he did not mention anything to make US dollar become stronger. But he'd said that US dollar is too strong two days before his inauguration.
    So I guess it's important to put yourself in his shoes before you make any trading/investment decision. He's a business man so he is much more direct than pure politicians and predicting market direction based on his prior comments will improve market prediction
     
  10. vanzandt

    vanzandt

    One thing I know for sure VC,,,,
    He's gonna be mum on ISIS.
    Of all his promises....
    thats one he's gonna keep.
    And he will speak no more of it until it happens.
    You can take it to the bank. How the markets will react is up to individual traders....
    But trust me.....
    within 60 days.... it will happen.
    In his eyes.... this is the biggest promise he made.
    And right or wrong in his method....(history will be the judge)..... he's gonna act.
    This is ONE thing you can bet your first born on.
    Its gonna happen.
    I better shut up. The black helo's are moving in. ;)
     
    #10     Jan 21, 2017
    victorycountry likes this.