rrs
05-05-2008, 01:12 AM
QQQQ (ETF) has generated a TS4 Sell signal.
(Retirement account holders who are not allowed to sell short may want to consider BUYING Inverse ETF, like QID, when it generates a buy signal -- i.e. when QID reaches the Typical Wave C area and generates a Red Reversal bar. Please see the second chart.
The stock price of Inverse ETFs rise when the underlying market falls. Some of these Inverse ETFs are leveraged -- i.e. the price of Inverse ETFs may magnify the fall (and rise) of the underlying market. Some of these ETFs are more liquid than others. Be sure to check these facts before trading these ETFs)
(Retirement account holders who are not allowed to sell short may want to consider BUYING Inverse ETF, like QID, when it generates a buy signal -- i.e. when QID reaches the Typical Wave C area and generates a Red Reversal bar. Please see the second chart.
The stock price of Inverse ETFs rise when the underlying market falls. Some of these Inverse ETFs are leveraged -- i.e. the price of Inverse ETFs may magnify the fall (and rise) of the underlying market. Some of these ETFs are more liquid than others. Be sure to check these facts before trading these ETFs)