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Just registered. My first post. I trade QQQQ/QLD/QID exclusively.
MM's are sweeping stops(longs and shorts) all day long. Experienced traders should know what I mean. Just look at the chart. You would probably be stopped out quickly if trading longer time frame(30' or 60'). Some were scared to death, some did not trust the moves and did nothing.
I don't know where the ultimate bottom will be. But THE bottom probably will be re-tested more than once. The upcoming bounce probably won't exceed 20% and will be in a zig-zag fashion. Greater bounce(>20%) probably won't come until end of 2008 or first Q 2009.
I added a little QLD at 29.60 to my under water position. Will unload them at any market strengths. | 
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发表于 2008-10-10 06:56 PM
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