Friday, December 19, 2008

QLD Trade Update - Stop Placement

Based off of the price pattern in QLD right now and due to the info in the last post, I suggest a stop placement on QLD which will allow it to move higher if it does, but for any one in it by my earlier recommendations, the potential loss will be minimal.

Recommendation:

Place a "stop loss" order of 26.30 on the open QLD trade.

Pete

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