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Pastimes : QQQ & DIA - chat & chart
QQQ 623.28+0.7%Nov 5 4:00 PM EST
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To: Chris McConnel who wrote (659)8/8/2003 7:28:07 PM
From: Jon Khymn  Read Replies (1) of 795
 
Yes, I usually give or take 10 or 1/2%.
In this case I would consider it was breached. But more importantly, it seems uptrend has breached.

I only took 5% short position around 1650s, will not hurry this time.
Expecting to see some sort of bounce back to near 1680 level.
At any rate, hope to build at least 50% short/put position by end of August.

RE: 50DMA, could you elaborate more on this, for newbies like myself with out using too much technical jargons? TIA
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