The sell signal that I felt was comming has finally been given. We are now in cash in our conservative portfolio and short the QQQQ in our aggressive portfolio. We have closed our positions in IWO at $78.73.
Trade summary:
Conservative portfolio- Sell position in IWO.
Aggressive portfolio-Sell IWO position we are short QQQQ at $43.98.
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1 comment:
David,
Just wondering, rather than shorting QQQQ, isn't it better to be long on QID?
I believe QID is an ETF that short QQQQ, but with a beta of 2 (or was it 4?)
Sorry to comment on your old posts, I just found your blog this morning after you advertise it in RHAT yahoo mb.
-pete
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