Thursday, August 21, 2008

QLD Exit (Stopped Out)

Today QLD went below 77.00 which is what I suggested as a stop loss. That is up from 72.88 on 7/23/08 for a 5.65% gain. The SSO short-term trade is still open. If tomorrow is an up day, then it may be close to overbought and ready to exit.

Pete

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