Friday, October 3, 2008
NQ, NQ QQQQ, QID stock trading: Market Timing Experiment (Friday October 3, 2008)
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Dear stock market traders and investors:
The gap up of today is proving that our call on this blog for a bottom yesterday,
and on Monday were right! Please re-read all the calls of this week.
11:39AM: with NDX at 1543, we are starting closing the long NDX positions entered into yesterday. Profits to be calculated later, but I could see one of them with close to 40 NDX points.
2:58PM: with NDX at 1501, we are back entering on the long side of NDX. We are going long, by selling ITM puts on the QQQQs.
The gap up of today is proving that our call on this blog for a bottom yesterday,
and on Monday were right! Please re-read all the calls of this week.
11:39AM: with NDX at 1543, we are starting closing the long NDX positions entered into yesterday. Profits to be calculated later, but I could see one of them with close to 40 NDX points.
2:58PM: with NDX at 1501, we are back entering on the long side of NDX. We are going long, by selling ITM puts on the QQQQs.
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1 Comments:
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There is a place for blogging there too, and hopefully soon a program will be incorporated where you can set up this blog to post the same content automatically, giving you and your studies some extra exposure to the wide world of traders out there! So check it out, and let me know what you think!
Most importantly though keep up the great posts!!
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