ETF CORNER

QQQ : Full position

I added some more on my short position. We got close enough to $58.

I have now a 50% short position at an average price of $57.56. Protective stop at $59

50% cash remaining.

QQQ: Shorting Nasdaq 100

I am out of the Gold trade this morning.

I am now shorting some QQQ's at $57.30 (25% position). Will add pobably another 25% near $58 if we get there.

I have a protective stop at $59.

 

QQQ : Huge drop coming soon

I don't expect new highs on the Nasdaq 100, but I do expect a drop below the October lows in the intermediate term.

 

PSQ : Attractive entry point