everyone is falling for this stock, its finally getting popular. I have been daytrading QLD and QID since August.
On the buy side , I am looking at WIND. They will come up with their numbers on March 8th and I believe that it can easily hit 11 if the market comes back. Volume is not that attractive. Actually volume becomes pretty random sometimes. It goes up a lot in some days. Even if it does not go up, the downside is limited.
Ive covered the majority of my shorts right now and am waiting for a bounce to then get back in. I can hardly find anything worth buying, but as soon as they bounce a number of stocks like LM, LEN, DHI, GS, HRB, SPLS, FNM and many others look like they will offer great opportunities for more downside. Brandon