Good morning.
Today probably the market will gap up, which is not good for Bears.
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Especially, the financial stocks seems very positive.
ReplyDeleteIf close green today, the market will have 7 up weeks in a row. very amazing and surprising.
ReplyDeleteThe gap will be filled today. observe how the market develops first, before any actions.
ReplyDeleteAAPL is pretty weak today, good for bears
ReplyDeleteToday probably close down. so the good day trade is to short at high..
ReplyDeleteI expect QID will come down to 39.00
ReplyDeletebut every time it touches 39.50, it will bounce back so far
Today's big picture is:
ReplyDelete/\
so QID will hit a low around 39.00 and then reversed back
So my day trading plan is to buy in when QID hits 39.00
Any plan to trade?
ReplyDeleteThanks!
So my day trading plan is to buy in when QID hits 39.00
ReplyDeletePut in the buy order at 38.95 - 39.05 for QID
ReplyDeleteBeing patient is the key..
ReplyDeleteThis afternoon 2:00pm 's stress test guideline report is a bomb... may be for bulls, may be for bears..
ReplyDeleteBought in QID average 39.00. Plan to sell around 40.
ReplyDeleteSome observations, when broken 39.00, there is no resistance at all. Which is abnormal? what does it means?
ReplyDeleteThis could provide very useful info for trading set up.
MMs are pushing up the market very hard.
ReplyDeletelook forward to add more QID to average down
ReplyDeleteadd more QID at about 38.45
ReplyDeleteToday's day trade is not good. will write a review later
ReplyDeleteI should do the day trading as planned last night.
ReplyDeleteIF the market gap up, buy QLD at low, so far $1.00 per share's profit.
Then after sold QLD, buy QID
ReplyDeletedo two round of day trades today
since I expect today's market will be
/\
a hard fall will come very soon ....
ReplyDeleteIt really comes as I predicted
ReplyDeletePlan to take profits in my day trading QID
ReplyDeleteWill review today's day trading later and post it in my blog
ReplyDeleteclose part of the day trading qid at 39.20
ReplyDeletesold the left over QID at ~38.35
ReplyDeleteCompleted today's QID day trading with a small profits. Not great,but still good. Plan to review today's day trading later and improve for future.
ReplyDelete