NASDAQ:SQQQ   PROSHARES TRUST ULTRAPRO SHORT QQQ NEW 2019(R/S)
Closed above the magical 0.95 support. I bought calls before the bell to hedge my longs in case we see a big index drop .
Going dbl-bottom. Topped 2day. Getting gap down Tues for breakaway gap and island reversal with graveyard Doji. Its a perfect short. I got QQQ April puts and TECS loaded up. GLTA!
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LucyF2492 DaddySawbucks
@DaddySawbucks, Beautiful!!! To you as well!!
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SPX will go back and retest low and fail :)
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LucyF2492 DavidWolbrecht
@DavidWolbrecht, We shall see!!!....just prepped for either direction as I should be.
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I bought some SQQQ this afternoon.
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LucyF2492 dragonus
@dragonus, Probably a good move. I got enough calls to cover a 60% loss on my longs.
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@LucyF2492, Ah I C UR long SQQQ so you bought calls on QQQ in the event it moves against your inverse ETF? Hedges are expensive but you can buy 10-penny contracts for cheap insurance.
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LucyF2492 DaddySawbucks
@DaddySawbucks, no bought them on SQQQ!! In case the indexes fall and wreck other stocks im long on!
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