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The Back Seat Capitalist

My Journey to Wealth or: How I've Learned to Trade Stocks, Options, and Exotic Derivatives.


Tuesday, November 11, 2008

Broken Support

The Q's continue to break all prior support and are looking to test some lower lows at the 28.90 stage. No good news out there to contradict otherwise. Charts look bad on all time frames.

I opened a small long put on the Q's at the money.
Posted by backseatcapitalist at 8:58 AM Labels: Long Puts, QQQQ
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