Tuesday, May 13, 2008

Exit the last QLD trade

Yesterday afternoon the short term model became overbought and signaled an exit for the last QLD trade. Yesterday's closing price was 87.41. The entry price was 85.09.

This turned another positive trade, this time of 2.73%.

Past Trades:

QLD 4/9/08-4/16/08 = 2.87% gain
QLD 5/6/08-5/12/08 = 2.73% gain


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