PowerShares QQQ Message Board
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TOP is in for the QQQQ
today.
Watch and see how things can turn on a dime.-
The qqqq's P/E has been increasing currently at about 37. that is high.
- 1 Reply to trade_on_ta
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Top? No $54 on the q's today? I was hoping to go long (with a clothes pin on my nose) with a dip under $53.60.
Lemme look again.
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top; don't buy the Fed hyp.
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Trade,
Weekly chart on IWM... Flash crash week high was 73.31 with 654.8M of volume... I expect it to hold at least in the near term... Volume week to date is 171.8M... I like the risk/reward of the 73 throwover and scale in. JMO
GL- 2 Replies to lockinprofits
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Everything is possible given what the Fed is doing.
However, I think those are exhaustion gaps before a reversal in trend that would be sustainable that is to the down side. I do not see the high that you speak of on my charts -
that's a good way to think
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