First day after a short sell
Today I woke up a little bit earlier than usual. I want to take a look at market before leaving home. DOW+100 and NASDAQ+30. Suddenly I am not too sure about short sell QQQQ anymore. Meanwhile, I am telling myself to be patient. Since I already place an order to buy QQQQ back if it ever reached 55.
Give it more time, I am pretty sure it will go down in a week or two. But the question is: At what level should I buy it back and close the position? 47? 45? It looks like 47 is a bottom and it should have quite some support. So if it dropped to 47 I will buy back and buy some more... :-)
Let's wait for tomorrow then...
posted by youli98 @ 11:21 PM
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