Comments on: Markets on support-bounce or die http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/ A stock trading blog by Dr. Wish Wed, 23 May 2012 14:21:08 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Dr. Wish http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/comment-page-1/#comment-824 Dr. Wish Thu, 25 Jun 2009 16:26:10 +0000 http://wishingwealthblog.com/?p=1884#comment-824 Rather than buying QLD to ride the QQQQ, I bought some July 37 call options on QLD. I did not have a stop, but with a call option, the most I can lose is the price of the call. If the QQQQ CLOSES below its 30 day average I would likely sell my calls and consider buying call options on QID. Rather than buying QLD to ride the QQQQ, I bought some July 37 call options on QLD. I did not have a stop, but with a call option, the most I can lose is the price of the call. If the QQQQ CLOSES below its 30 day average I would likely sell my calls and consider buying call options on QID.

]]> By: Shawn M http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/comment-page-1/#comment-823 Shawn M Thu, 25 Jun 2009 15:28:46 +0000 http://wishingwealthblog.com/?p=1884#comment-823 It's always hard to know how to set stops. QQQQ went to its lowest level since May 29th recently; how did you manage to not get stopped out of your QQQQ? Did you get stopped out of some of it, but not all of it? It’s always hard to know how to set stops. QQQQ went to its lowest level since May 29th recently; how did you manage to not get stopped out of your QQQQ? Did you get stopped out of some of it, but not all of it?

]]> By: Dr. Wish http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/comment-page-1/#comment-822 Dr. Wish Thu, 25 Jun 2009 14:36:19 +0000 http://wishingwealthblog.com/?p=1884#comment-822 I am retaining my longs as we go into the end of quarter mutual fund "window dressing" period. But I am ready to sell out if the QQQQ starts to decline again. I am retaining my longs as we go into the end of quarter mutual fund “window dressing” period. But I am ready to sell out if the QQQQ starts to decline again.

]]> By: Jason http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/comment-page-1/#comment-821 Jason Thu, 25 Jun 2009 04:25:35 +0000 http://wishingwealthblog.com/?p=1884#comment-821 prof, so now that the market (nasdaq) rallied on this bounce or die day, perhaps unconvincingly without volume support, will you continue your longs or close the positions? jason prof,

so now that the market (nasdaq) rallied on this bounce or die day, perhaps unconvincingly without volume support, will you continue your longs or close the positions?

jason

]]> By: robert cook http://wishingwealthblog.com/2009/06/markets-on-support-bounce-or-die/comment-page-1/#comment-818 robert cook Wed, 24 Jun 2009 03:39:50 +0000 http://wishingwealthblog.com/?p=1884#comment-818 thanks for your GREAT information!!! Post as often as you can!!!! thanks for your GREAT information!!! Post as often as you can!!!!

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