Friday, February 1, 2013

QQQ gain

That last burst of momentum was helpful and I think AAPL was part of the reason...

AAPL did improve as I hoped and that may be the reason the Q's gained upward momentum.


The position was closed at a fill of $1.53 making it a +56% gain as the cost basis was $.98, I'm fine with that, even if S-A-? makes 200% as he probably will and I hope he does.

As mentioned, there are some things developing, particularly in the SPX which loo a lot like Wednesday, except we do have the increased volatility.

I hope you remember some of the key indications from yesterday that helped us understand what today would do, not only the market updates, but even the Dominant Price/Volume Relationships, etc. They are all pieces of the puzzle and all helpful.

No comments: