QID:
New shorting is risky at this point = near rally
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Rate Analysis
3 ratings
Posted 267 days ago on 10/10/08
QID will go DOWN
$75.00 on 11/10/08
$33.33 (-62.74% from time of market call)
$70.05 (-21.69%) on 10/13/08
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.