FLEECED?
The markets closed a bit off their highs but the after market is looking none too good as AMZN blows up again and is trading down 10% from the close. My QQQQ short is also being impacted, trading in the 36.43 area up .02 cents on the day; so the short entry and the long exits are looking good for now. QQQQ also looks to be the major market index acting the worst, so if you are looking for a short, that may be the ticket.
SPX and the IWM have also given back much of the days gains so the bulls may not be out of the woods yet as we may find ourselves back under major resistance areas again tomorrow (1260/1265).
SPX and the IWM have also given back much of the days gains so the bulls may not be out of the woods yet as we may find ourselves back under major resistance areas again tomorrow (1260/1265).
posted by DAVID at
4:42 PM
4 Comments:
Why do you trade QQQQ instead of NQ, the emini future?
I trade the EMINIS from time to time but usually just a dopey stock index trader.
Your website has a useful information for beginners like me.
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I like it! Keep up the good work. Thanks for sharing this wonderful site with us.
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