New shorting is risky at this point = near rally
Blog
| Start: | $89.45 |
| Current: | $51.52 (-42.40%) |
| Target: | $75.00 (-16.15%) |
| Close: | $70.05 (-21.69%) on 10/13/08 |
PROSHRS ULTSHRT QQQ ETF
New shorting is risky at this point = near rally
Posted 87 days ago on 10/10/08
There are more indicators hitting extreme levels at this point. Any new shorting will take on more risk than say a couple of days ago and of course one week ago. Avoiding a long post, a rally in the near term is seen in the charts, and of course this rebound means the QID will pull back off these highs. Hopefully to 70, but make it a trade to 75.
Comments
Sort: Date Posted | Member11/14/08
YUP!!!
We're ripping their GUTS out right now!!!
We're dancing on the Shorts, their GUTS and Blood on the Floor in
a regular Roman Orgy right about now.
I hope you're still dancing being SHORT the QID!!!
We're ripping their GUTS out right now!!!
We're dancing on the Shorts, their GUTS and Blood on the Floor in
a regular Roman Orgy right about now.
I hope you're still dancing being SHORT the QID!!!
10/13/08
I was right for the record.
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