If there is a retreat, how deep would it be? Also what are the best vehicles to play the short side?
My current assumption is that the upside would be limited to 1% or less from current prices (QQQQ around 55, and spy around 126).
What do you think?
I feel the top would be less than 1% away. How to play this thing? +1% for QQQQ is around 55.46, QQQQ is currently at 54.96.
Could you guys suggest good ways to play the short side?
Is the bear around the corner, now that they are using the past to boast about the future? Thanks to the person who posted it. I need to study the charts.
Folks, I suggest we study the charts immediately. Please post all time frames, from week to 15 minutes.
Any evidence other than words from a mouth?
One hour? This looks more like a victory handed to the ugly dictator north by the south.
I do not see what the south got from all this other than losing face. They should have backed down when they were asked to by Russia and China if they knew...
What about the QQQQ 56 level? Less than 3% away. How would you clear that? Could we make a deal? How about I sell to you at 56 right now, and we would not have to wait for the price to get there.
10K with 1K each is only 10M. Not big money. Even if 10K each it is only 100M. The journalist did not think things out, which is not surprising if the person is a journalist unless the journalist is a chinese who wanted to have something about china appear in new york times.
Chinese are known...
EUR/USD just turned bullish. If it holds, the commentators might use it as a "an explanation" if the market rises. But if one asks why EUR/USD is rising, they might come with some explanation.
The EUR/USd has moved in afterhours, when nothing is really happening. My explanation: buyers have...
EUR/USD at 1.3130. I am thinking to risk 3 pips, and go short here.
Update: missed the entry. now at 1.3118. What do you guys do when you miss an entry?
I just had a look at the market. I find some stocks expensive. What do you guys think of Bidu? I personally do not understand why a stock like bidu could be trading at these levels-- a PE in range of 100 seems to be "non-sense". Why is the market doing it?
Do you have any favorite...
SPY at 124.64, QQQQ at 54.61. Does anyone have the feel of retreat/fake-selloff this afternoon?
If there is a fake selloff, I would be looking to buy SPY if I get the signal.
Nasdaq seems to me to be weaker than SPY. Did you consider the possibility that your aze might be handed to you?
QQQQ at 54.62 area. If I were to play this, I would actually short it. I have a feeling it might retreat.