What a Run Up. Time to Pullback in Markets. Entered QID
Posted on August 7th, 2009 in Stock Market | No Comments »
Markets are primed to pullback from this amazing run up . The SPY pretty much went straight up for almost 4 weeks. It’s having difficulty breaking the $100 mark and down volume is picking up the last 3 days. Time to go short with the SDS.
Same with the QQQQ, it’s ready to pullback having tested the $40 price point and now should go down to test $37. I entered into the QID today.




