Minding your Ps and QQQQs…

Posted on Jul 11, 2009 by WHC Bassetti in Letters

Here's an interesting idea.  Shorting the Qs with QID.  It looks like a pretty low risk trade to us.  The safest stop is tight under the nearby low.  The last few days there were obviously some people shorting -- see the power bars and the gaps.  If this doesn't work remember you didn't hear it here.

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