Getting Long the Q's at the Close

By Mark on May 5, 2008 3:33 PM | 0 Comments
We completed our office move this weekend and everything seems to have settled down at the office. I'm currently looking at my chart of the Q's and it looks like it is time to get long the market for the short term. We had a nice consolidation day and my short term indicator just turned positive.

So I just bought 20 contracts of the May $49 calls (QQQEW) at a price of $0.53.


p.s. Happy Cinco de Mayo!

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