Today's real time market comments and day trade

Good morning.

Today probably the market will gap up, which is not good for Bears.

27 comments:

  1. Especially, the financial stocks seems very positive.

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  2. If close green today, the market will have 7 up weeks in a row. very amazing and surprising.

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  3. The gap will be filled today. observe how the market develops first, before any actions.

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  4. AAPL is pretty weak today, good for bears

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  5. Today probably close down. so the good day trade is to short at high..

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  6. I expect QID will come down to 39.00
    but every time it touches 39.50, it will bounce back so far

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  7. Today's big picture is:

    /\

    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

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  8. So my day trading plan is to buy in when QID hits 39.00

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  9. Put in the buy order at 38.95 - 39.05 for QID

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  10. This afternoon 2:00pm 's stress test guideline report is a bomb... may be for bulls, may be for bears..

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  11. Bought in QID average 39.00. Plan to sell around 40.

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  12. Some observations, when broken 39.00, there is no resistance at all. Which is abnormal? what does it means?
    This could provide very useful info for trading set up.

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  13. MMs are pushing up the market very hard.

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  14. look forward to add more QID to average down

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  15. Today's day trade is not good. will write a review later

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  16. I should do the day trading as planned last night.

    IF the market gap up, buy QLD at low, so far $1.00 per share's profit.

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  17. Then after sold QLD, buy QID

    do two round of day trades today

    since I expect today's market will be

    /\

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  18. a hard fall will come very soon ....

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  19. It really comes as I predicted

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  20. Plan to take profits in my day trading QID

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  21. Will review today's day trading later and post it in my blog

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  22. close part of the day trading qid at 39.20

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  23. sold the left over QID at ~38.35

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  24. Completed 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.

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