What's that got to do with anything? It finished 1%+ BEFORE the U.S. open, if it had any impact US would have followed. And anyways, shanghai/US correlation hasn't been really working that well anyways.
As I said many times before OIL UP from here on in equals a falling market, prices near me are already over $4.00 and climbing!!! Consumers are going to love it, $4.00 at the pump, rising food prices, Bubble ben bernanke says still no inflation. S&P FUT 1316.40 -3.90 -0.30% DOW FUT 12122.00 -32.00 -0.26% NAS FUT 2351.25 -8.50 -0.36% OIL 105.79 1.37 +1.31%
S2007S is also another reliable fade on this board. The guy doesn't trade and he simply does not understand what he says. Oil higher does not equal lower spoos, where he gets this correlation is beyond me, obviously not from an excel spreadsheet. He's a kid in school that loves to come on here and spit out all the junk he heard in his econ 101 class that day. Whenever you see this guy post a statement whee he is posting negative after hours quotes in the spoos, just buy the f*ck out of them on principle. It's good for at least 3 to 5 handles every time.
Today again, The high is 58.26, two cents BELOW the 58.28 model price. Now QQQQ at 57.42. Is time to start taking profits?
You celebrated at the open.The gap was to nail rookies. You did not learn yet? When do you think will you see qqqq 58.28 for first time since four days ago? The highest point has been 58.26.
Why are you asking an online message board what to do with your trades? You're trolling right? These can't be serious posts.
Celebrated? Dude, I'm not 16 years old. I do this for a living. My comment was S2007S is a reliable fade when he posts his market is crashing posts. I said it was good for a 3 to 5 handle pop and it turned out it was good for 10 handle pop. Nothing to celebrate. Just a factual observation.
QQQQ at 57.20. I believe bears have done enough azz whopin for today's morning. If there is a rally where would it stop? 57.59?