Sunday, December 21, 2008

Still holding QLD call

My exits on the QLD call were if QQQQ gets near 32 resistance (which hasn't happened yet) or QQQQ breaks below up-trendings support. Friday's close was pretty much right on that support line so for Monday I'll hold the call.
When the Qs meets one of the above critera, it will be time for me to sell my QLD calls and buy QID calls. For the moment, I wait to see where Monday's close will be.
Waiting is one of the hardest things for me to do with a trade!

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