ProShares UltraShort QQQ Fund NYSE $QID Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
I'm in at 19.25 today 1000 shares and 200 April 21st $20 Calls for 27 cents
QID is such a dog!! Probably going to $10 per share...get out while you still can!
Still not to late to double your money by shorting QID...short now at 19.70 until $10.00
Share your reaction Time to jump on the Q as the markets are set for a big pull back due to the incoming imbecile at the White House.
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Was the actual SP of QID actually over 1000 in 06 and 08, or is that based on other things like dividends etc? If so, this thing is going to blast off at some point. The big question is when.
Contrary Is Smart
Make sure you listen to the Media hype crew spew out the Wall Street mantra buy, buy,, buy as they dump! A 10% correction or more is way overdue. Some people just never get it. Upside for stocks now poor, downside big. Its that simple. Play it as you like.
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Contrary Is Smart
I was hoping the fools would drive these already way overpriced markets even higher. The shorting opportunities are everywhere, as the last foolish sheeples buy. They never learn, that there is a time to take money off the table and stand aside.IMO This is a big correction moment just waiting to happen at ANY moment. What will be the excuse/the trigger? Who cares. What is important is to realize this is an overpriced, over rationalized market AGAIN. Risk vs Reward is stupidly on the side of a big down move. It IS that simple. The rest is hype and B+S. IMO EOS
Welcome to a 52 week low-----because Fed manipulation is just that good
Ahhh that is history! The VXX has crashed to all time lows, the market is only down 50 some points now. Oil prices are dropping, the economic news sucks and guess what? Massive disconnect between what should be and what is. This has been for nearly a decade in the markets
Got to laugh, the market is near 100 points down and the vxx is red and qid red. Goes to show when fed money is printed in the trillions and given to rich bankers, they have no place to put that money so it goes into the fed induced farce market