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ProShares UltraShort QQQ Message Board

  • njerseyguy22 njerseyguy22 Jul 30, 2008 9:48 PM Flag

    Market Munipulated somehow

    Lets face it, yesterday the maket was up some 260 points over a drop in oil of 3 bucks or so. Today oil climbs 5 bucks or so and the market rockets 180 some odd points. Makes sense? noooooooo Market has no reason
    Im out

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    • atlanticcrossing20022000 atlanticcrossing20022000 Jul 31, 2008 8:28 AM Flag

      There is more manipulation and corruption than has ever been in history. But this will eventually create a slingshot effect. And I don't mean up. Indices will have crashed hugely by year's end. My guess is Oct. Nov. Dec. So anyone holding QID now at whatever price they paid will be a huge winner by year's end. But as far as the next week or month goes. Manipulators could extend the rally and QID could drop below 40 dollars short term. Not to worry if you are long and holding.

 
QID
31.98+0.07(+0.22%)Jul 31 4:00 PMEDT