THE STOCK & ETF CORNER

QQQ : Kiss me twice ?

QCOM/QQQ : Coincidence ?

Position : short QQQ.

 

 

QQQ : Shorting some Q's

As you know , i am heavily short GLD at about $162.40.

I am now shorting some QQQ's.

Since it's a fed day I will be accumulating short positions throughout the day. I will give you the average price by EOD.

My positons are now :

Short GLD (big size) @ $162.40

Short QQQ (small size)  that I will accumulate today.

I expect some significant downside action in QQQ and GLD in the near term.

VIX/QQQ : More evidence of an imminent top !