Wednesday, October 22, 2008
Stock market price prediction: QQQQ, NDX, NQ Trading (Wednesday October 22, 2008)
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Stock market price prediction: QQQQ, NDX, NQ Trading (Wednesday October 22, 2008):
We could not report earlier trading for today, and the last few days. It is now 1:40ish, and we may be at a potential end to the down move, or at least a reaction up.
The size we are adopting is half normal size.
1:42PM: with NDX at 1257, we are staring to scale in on the long side (the overall
position will be half the normal size).
3:16pm: WITH NDX at 1234, we are adding the second part of the half normal size long position.
PROFIT TAKING:
3:54PM: with NDX at 1244, we took profit on long position entered at 3:16PM and NDX at 1234.
We could not report earlier trading for today, and the last few days. It is now 1:40ish, and we may be at a potential end to the down move, or at least a reaction up.
The size we are adopting is half normal size.
1:42PM: with NDX at 1257, we are staring to scale in on the long side (the overall
position will be half the normal size).
3:16pm: WITH NDX at 1234, we are adding the second part of the half normal size long position.
PROFIT TAKING:
3:54PM: with NDX at 1244, we took profit on long position entered at 3:16PM and NDX at 1234.
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