Going Long DIG and QLD
Posted on September 4th, 2008 in Stock Market | 1 Comment »
I sold my QID (bought at$40.67; sold at $45.10) this morning and flipped to a small position into the QLD (at $70.50) which is the long of the QQQQ. We are testing the $70 price support and stochastic are way oversold.
I also got into the DIG and bought Oct 76 Calls @ $6.8. Again I think oil will hold at these prices for now and get a small bounce back up.



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[...] Friday I closed all my shorts AGU, MOS and FCX. I went long DIG, QLD and ICE on Thursday.ICE popped up 8% on Friday with buying pressure at the end of the day. ICE will run up [...]