Monday, November 10, 2008

QQQQ Teasing the $30.20 level

Look at this chart, QQQQ tested the area between 30.20 and 30.40 for the forth time today. I am just not ready to go bearish on it again, nor I wanted to go long on puts on QQQQ.



But as a hedge, I went long on QID at the end of day.

shorts:
longs:

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