After weekend review, last Friday should be BUY, despite open up sharply, QQQQ is trading down and has dropped to about 43.45, so put the BUY in.
SEPT 5 BUY @43.45
New (+1000)
SEPT 5 BUY @43.45
New (+1000)
Timing QQQQ
- Thread starter codedeep007
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SEPT 8 BUY
Hold (+1000)
It's still BUY, but my model has not factored in the bad dream I had on Sept. 3rd, that kind of bad dream has always been very accurate in the past. And my overall long position makes me think we have some major distribution days to come.
Hold (+1000)
It's still BUY, but my model has not factored in the bad dream I had on Sept. 3rd, that kind of bad dream has always been very accurate in the past. And my overall long position makes me think we have some major distribution days to come.
Asap,
Sorry for telling you about that my dream can predict the market.
About twenty years ago, a few of my friends decided to drive to white sand national park. I had such scary dream the night before the trip that I decided no go with them... my roommate drove his car instead...when he's back he told me he had an accident, crashed with a police car, fortunately his car was a big one, and all the ladies in that car were fine...a few years later when I started investing, I noticed certain dream always indicates my holdings are in big trouble and other kind means that I will catch some profits. Dream is dream, I can't put that in objective and assign a weight on it. All I can tell you is:
<B>My system has nothing to do with the good dream and bad dream. I don't think it need that to beat the market.</b>
As far as which bank will go under next? It all depends on how much FDIC can handle, it seems that FDIC is "short handed" that it can only process one bank per week. All the small banks and regional banks should get yellow light, money will be pulled out and deposited to major national banks.
Sorry for telling you about that my dream can predict the market.
About twenty years ago, a few of my friends decided to drive to white sand national park. I had such scary dream the night before the trip that I decided no go with them... my roommate drove his car instead...when he's back he told me he had an accident, crashed with a police car, fortunately his car was a big one, and all the ladies in that car were fine...a few years later when I started investing, I noticed certain dream always indicates my holdings are in big trouble and other kind means that I will catch some profits. Dream is dream, I can't put that in objective and assign a weight on it. All I can tell you is:
<B>My system has nothing to do with the good dream and bad dream. I don't think it need that to beat the market.</b>
As far as which bank will go under next? It all depends on how much FDIC can handle, it seems that FDIC is "short handed" that it can only process one bank per week. All the small banks and regional banks should get yellow light, money will be pulled out and deposited to major national banks.
SEPT 9 BUY
Hold (+1000)
Hold (+1000)
SEPT 10 SELL @42.8
New (-1000)
New (-1000)
Wed Sep 10, 2:19 AM ET
(Reuters) - Billionaire investor Warren Buffett's Berkshire Hathaway Inc (BRKa.N) has told one of its units to stop insuring bank deposits above the amount guaranteed by the U.S. federal government, the Wall Street Journal reported.
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The subsidiary, Kansas Bankers Surety Co, is notifying about 1,500 banks in more than 30 states that it will no longer offer a program called "bank deposit guaranty bonds."
The order was made on Monday by Buffett, Berkshire Hathaway's chief executive, two people briefed on the matter told the Journal.
KBS is an 18-employee subsidiary of Berkshire Hathaway, according to the parent firm's 2007 annual report. It is one of a handful of firms that offer such insurance, a big selling point for banks trying to attract wealthy customers.
SEPT 11 SELL
Hold (-1000)
Hold (-1000)
SEPT 12 SELL
Hold (-1000)
Hold (-1000)
It's important to know that you should trade against crowd, so if you short and market gaps down by 1%, takes the profit then re-enter at the end of day, same if you long and market opens up by 1%, Also consider double up if the market gap against you by more than 1% however double up is usually more risky.
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