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Opinion on  UltraShort QQQ ProShares (QID)
Initiating Long QID (Short QQQQ's)

Aug 15, 2008 03:28 PM GMT

The Nasdaq 100 is short term positive, but, longer term negative and due for at least a brief rest. We are looking for a home run here, but, the risk/reward is on our side in the short term,

STT


QID:  This call was made on 08/15/08 @ $38.62
Rating:   Positive   $38.62 (08/15/08)
Closed:   08/19/2008 @ $40.475 (+4.80% in 4 days)
Target:   $36.00 (-6.78%) in One month


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Supertradetimer Team   60%     1 point   commented 474 days ago reply

Our signals for QID are getting stronger as the Nasdaq 100 deteriorates. We see the Nasdaq 100 moving lower through August and early September. Full details in our evening newsletter at supertradetimer.com.

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