Broken Market

[Gunnski]

Everyone would like to make money. Take a look @ QID. This is a neat way to short the Q's (QQQQ). Great way to make some good money right now. It is an ETF. You have no Margin. Very effective way to trade! It trades just like a stock.

Follow with a close trailing (sell) stop, once it starts up. Set your stop at 2% - 5% range. You may get whipsawed out, but QID is going to rally.


QQQQ:





QID:



***Blue Line Above Red = Good Things to Come**** Blue line is a slight uptrend. Check begining of 2008, nice crossover, much sharper to the upside. The recent closing candle is very interesting, as the MA was right on it's tail. We'll see what takes place....?
The crossover has been positive in past markets.

[WileyJames]

Makes sense to me, thanks for the tip.

[Gunnski]

Re: 8/24 post. Any input?

Any pattern recognition after viewing the below listed charts? Symmetrical markets.

Recent QID chart:




QQQQ:

[WileyJames]

I'm sure some smart person has figured out a way to make guaranteed money by buying calls on both.

[WileyJames]

This was perfect until Nancy Pelosi pulled your shorts down. I don't see this "fix" working. What do you guys think?

[Gunnski]

Feddie Mac is now the largest risk manager in the world!

Frightening.

[WileyJames]

I'm holding what I have, but I'm not buying squat. Too much intervention going on.

[Gunnski]

Not a very impressive debut by FEDDIE MAC !

[WileyJames]

Well, you were right!

[Gunnski]

Price back on 8/24/08 = $41.83 (Outlined above)

Today's close = $61.37

Those charts do work!