I didn’t bite on this one

All charts courtesy of either:

Stockcharts.com

thinkorswim

Prophet Financial Systems, Inc.

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By: Stubborn Bear

Jun 11 2008

6:47 pm

Tags:

Category: Setups

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

I should have shorted more on the break but I didn’t. It’s fairly significant that the QQQQ closed under the 50 MA though. That hasn’t happened since late March. I wouldn’t be surprised to see QQQQ do a retest of the 48 before collapsing again.

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