Comments on: QQQ Backtesting Primary Uptrend Line 2-22-24

By: seasix

seasix — Thu, 22 Feb 2024 15:40:08 +0000

In reply to Imadaytr8r. It's talk like this that makes Randy more bearish, you need to stop! /s

By: Imadaytr8r

Imadaytr8r — Thu, 22 Feb 2024 15:36:43 +0000

Short of China taking Taiwan, like today, seems nothing is going to stop this miraculous momentum NVDA has earned and is enjoying. It truly is the marvel of our lifetime! It’s as if the bullet train was invented just as the East was connected to the West by rail! (Promontory Summit, May 10, 1869) … going forward, at least in technology, Bears will need to learn how to live off crumbs falling from the Bulls table on their way to trillions of dollars of portfolio expansions! Get on the right side of the tracks or get left behind! There must be some ETF out there that will deliver predictable “short” opportunities in the future … QQQ isn’t it! Maybe the ARK funds? LOL

By: william9in

william9in — Thu, 22 Feb 2024 15:13:53 +0000

SOXX still Trending up. No point in guessing a reversal.

By: Jthorn63

Jthorn63 — Thu, 22 Feb 2024 14:47:43 +0000

In reply to Alan. yeah it seem like we fell prey to a bear trap

By: Alan

Alan — Thu, 22 Feb 2024 14:28:01 +0000

@ROTC, doesn’t SPY trump the Q’s? it is at new ATH this morning. Hard for me to short until it reverses below it’s Oct trendline which would be below 500. @ 504 at the moment.