QID is a volotile stock, I was suffering with it all week. Last week I wrote $54 calls on the QID for $1.70, I bought them back yesterday for $.05. My cost on the position is $52.15 so I'm even. If we go lower on the NASDAQ tomorrow, I might sell half the position. I should have sold QID last week but I decided to keep it for expiration, instead the market went up 3 days in a row.
I'm short FSLR as well, I hope that sucker sheds another $10-$15/share tomorrow. I have no clue what the market will do tomorrow, an educated guess would tell me it ends down because of the holiday on Monday.
bae, thank you. probably better off with a palm reading.
fjack, i had a feeling that it would sell off due to 1. Bernanke and 2. everything was just fine and dandy with the techs, thus the MM's would catch them off guard. just the way it seems to work out...i go to bed thinking that when i wake i'll be getting crushed or killing it, b/c everything seems like it's hitting on all cylinders, but then comes the contrarian play out...ex. is QID