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Jakeccc
Feb 14, 2015 7:46 PM

A breather? 

Invesco QQQ Trust, Series 1NASDAQ

Description

So it was a giant bull flag.

It's now right on 1.618, the stupidest strategy would be to buy calls and hope for another party.

AAPL had a third gap and run on Thursday, blew up almost 2% in the morning and the gave up all its gain on the same day, that to me was a loss of momentum, sellers getting aggressive. Don't expect the Q to do much without aapl
Comments
mduck
I agree that the market might have a pull back recently, but the big picture is still upside.
Jakeccc
definitely, it just broke out a giant bull flag, it'll go much higher, but just not the speed we had last week.
mduck
In fact, I personally enjoy the slowly climb , a couple hundred points up a day is too much for me, haha
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