tangman
Long

Buying QQQ & Emerging Markets

AMEX:EEM   ISHARES TRUST MSCI EMERGING MARKETS FUND
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I closed my last trade on Oct 20 and caught the top. I have been waiting for EEM to drop to the 50 or overshoot for a heavy buy.

It has bounced without tagging the 50ma, and same goes for the NASDAQ. I believe this is a sign of strength. Perhaps stocks around the world are entering the parabolic phase of the bubble.

I, for one, am starting to feel "left out", and I imagine the same of many other retail investors.

Buying EDC here. Stop below yesterday's low. Looking for a tag of the upper channel line over the next few weeks.
Trade active: Moving stop up to breakeven.
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