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	Comments on: SPY &#038; QQQ Updates	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Tue, 14 Apr 2020 22:29:51 +0000</lastBuildDate>
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		<title>
		By: surfah00		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15737</link>

		<dc:creator><![CDATA[surfah00]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 22:29:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15737</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717&quot;&gt;G-Trader&lt;/a&gt;.

Great post! 

I&#039;ve been experiencing the opposite...every mom &amp; pop I know with a 401K acct that knows I&#039;m a trader has been contacting me the past few weeks to ask for &quot;stocks to buy&quot;...

Cheers!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717">G-Trader</a>.</p>
<p>Great post! </p>
<p>I&#8217;ve been experiencing the opposite&#8230;every mom &#038; pop I know with a 401K acct that knows I&#8217;m a trader has been contacting me the past few weeks to ask for &#8220;stocks to buy&#8221;&#8230;</p>
<p>Cheers!</p>
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		<title>
		By: surfah00		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15735</link>

		<dc:creator><![CDATA[surfah00]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 21:53:09 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15735</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15713&quot;&gt;mlannoch&lt;/a&gt;.

I got 218-219 as well for the measured move, if it plays out, which would fit well with SPY hitting the 61.8% retrace @ 292.92 and filling the gap above @ 293.15...that would make a good turning point...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15713">mlannoch</a>.</p>
<p>I got 218-219 as well for the measured move, if it plays out, which would fit well with SPY hitting the 61.8% retrace @ 292.92 and filling the gap above @ 293.15&#8230;that would make a good turning point&#8230;</p>
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		<title>
		By: cfikis		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15724</link>

		<dc:creator><![CDATA[cfikis]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 18:04:13 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15724</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15723&quot;&gt;gthompson333&lt;/a&gt;.

Here I feel bad for not being long, and you guys are SHORT? Omg I don&#039;t know how you sleep at night with futures gaping up every night. God Bless.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15723">gthompson333</a>.</p>
<p>Here I feel bad for not being long, and you guys are SHORT? Omg I don&#8217;t know how you sleep at night with futures gaping up every night. God Bless.</p>
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		<title>
		By: gthompson333		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15723</link>

		<dc:creator><![CDATA[gthompson333]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 17:59:57 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15723</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15722&quot;&gt;propooper98&lt;/a&gt;.

Yes.  We&#039;ve all been positioning shorts with the belief that the markets would follow historical patterns.  But, we now know we have a president, and supporting fed, that will stop at nothing, to keep this market afloat.  I just don&#039;t see how one can comfortably position shorts in that environment.  You just end up chasing the big short indefinitely, all the while, slowly bleeding cash.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15722">propooper98</a>.</p>
<p>Yes.  We&#8217;ve all been positioning shorts with the belief that the markets would follow historical patterns.  But, we now know we have a president, and supporting fed, that will stop at nothing, to keep this market afloat.  I just don&#8217;t see how one can comfortably position shorts in that environment.  You just end up chasing the big short indefinitely, all the while, slowly bleeding cash.</p>
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		<title>
		By: propooper98		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15722</link>

		<dc:creator><![CDATA[propooper98]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 17:27:20 +0000</pubDate>
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					<description><![CDATA[It is entirely possible we enter a never before seen period of stock market gains and economic depression. MMT is nuts lol]]></description>
			<content:encoded><![CDATA[<p>It is entirely possible we enter a never before seen period of stock market gains and economic depression. MMT is nuts lol</p>
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		<title>
		By: G-Trader		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15721</link>

		<dc:creator><![CDATA[G-Trader]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 17:03:38 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15721</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15718&quot;&gt;venetiandog&lt;/a&gt;.

I&#039;ve been posting my trades and bullishness since last week. Even yesterday I posted so much that I was full bullish and had calls in SHOP TSLA NFLX AMZN. One trader here said I was posting too much and annoying the group. So I was like ok bump it. But yeah if you read my post I had been calling high on the bullish side. I&#039;m still bullish.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15718">venetiandog</a>.</p>
<p>I&#8217;ve been posting my trades and bullishness since last week. Even yesterday I posted so much that I was full bullish and had calls in SHOP TSLA NFLX AMZN. One trader here said I was posting too much and annoying the group. So I was like ok bump it. But yeah if you read my post I had been calling high on the bullish side. I&#8217;m still bullish.</p>
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		<title>
		By: Gambler		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15720</link>

		<dc:creator><![CDATA[Gambler]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 16:57:21 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15720</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15693&quot;&gt;rsotc&lt;/a&gt;.

Same here lets wait and see]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15693">rsotc</a>.</p>
<p>Same here lets wait and see</p>
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		<title>
		By: astoria26		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15719</link>

		<dc:creator><![CDATA[astoria26]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 16:54:56 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15719</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717&quot;&gt;G-Trader&lt;/a&gt;.

Good post, agree would love to hear your opinion more in the trading room!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717">G-Trader</a>.</p>
<p>Good post, agree would love to hear your opinion more in the trading room!</p>
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		<title>
		By: venetiandog		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15718</link>

		<dc:creator><![CDATA[venetiandog]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 16:41:14 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15718</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717&quot;&gt;G-Trader&lt;/a&gt;.

Excellent call G-Trader. I wish I had you brain.
Next time, can you please let us know before the facts instead? I very much appreciate you sharing your experience and would most certainly pay attention to what you have to say.
Thanks]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717">G-Trader</a>.</p>
<p>Excellent call G-Trader. I wish I had you brain.<br />
Next time, can you please let us know before the facts instead? I very much appreciate you sharing your experience and would most certainly pay attention to what you have to say.<br />
Thanks</p>
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		<title>
		By: G-Trader		</title>
		<link>https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15717</link>

		<dc:creator><![CDATA[G-Trader]]></dc:creator>
		<pubDate>Tue, 14 Apr 2020 16:32:52 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=199371#comment-15717</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15693&quot;&gt;rsotc&lt;/a&gt;.

Randy if I may share my contrarian thoughts. I&#039;m reluctant since I probably have been the most bullish here since last week. Needless to say I am  extremely happy with my bullish trades. If I may lay out  the reasons I was very bullish since last week. 
1) The first one is AMZN. I have been playing AMZN for years and I have found that AMZN is a good indication of how the market will move. As AMZN so goes the market. Once I saw the charts AMZN was on the upside I knew eventually the market would follow. As it happened AMZN made ATH this week. Look for others to follow like FANG stocks. I was able to ride it with ROKU SHOP TSLA NFLX all riding the AMZN train.
2)  The next thing was I was watching several analyst such as yourself and 80% of them were bearish. I saw there were more bears than bulls. I don&#039;t like to see too many traders on one side. Too many bears was ripe for a bear trap. Yesterday was a bear trap 
3)  Also you have the FED which is a biggie. You are correct only so long FED can keep this up[. But how can you fight someone who can write an unlimited check. 
4) Finally you were earnings were already going to be bad. But in this was already known. I think earnings is a wash for the year. So it was already a know n fact. I think it was already priced in. SO all this you had a perfect storm for a short squeeze. Remember markets tend to do the opposite of what most people think. I actually think we will retrace but not yet. I think more sore next month we will look to retrace. In ten meantime I think we will see SPY 300 before we retrace. Just my opinion. Good luck to you all. I hope the losses were minimal. I hate to see folks lose money. We are all in this together . 

I still like your analyst Randy. The short trade will come soon. Good luck and God bless to the group]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/spy-qqq-updates-4/#comment-15693">rsotc</a>.</p>
<p>Randy if I may share my contrarian thoughts. I&#8217;m reluctant since I probably have been the most bullish here since last week. Needless to say I am  extremely happy with my bullish trades. If I may lay out  the reasons I was very bullish since last week.<br />
1) The first one is AMZN. I have been playing AMZN for years and I have found that AMZN is a good indication of how the market will move. As AMZN so goes the market. Once I saw the charts AMZN was on the upside I knew eventually the market would follow. As it happened AMZN made ATH this week. Look for others to follow like FANG stocks. I was able to ride it with ROKU SHOP TSLA NFLX all riding the AMZN train.<br />
2)  The next thing was I was watching several analyst such as yourself and 80% of them were bearish. I saw there were more bears than bulls. I don&#8217;t like to see too many traders on one side. Too many bears was ripe for a bear trap. Yesterday was a bear trap<br />
3)  Also you have the FED which is a biggie. You are correct only so long FED can keep this up[. But how can you fight someone who can write an unlimited check.<br />
4) Finally you were earnings were already going to be bad. But in this was already known. I think earnings is a wash for the year. So it was already a know n fact. I think it was already priced in. SO all this you had a perfect storm for a short squeeze. Remember markets tend to do the opposite of what most people think. I actually think we will retrace but not yet. I think more sore next month we will look to retrace. In ten meantime I think we will see SPY 300 before we retrace. Just my opinion. Good luck to you all. I hope the losses were minimal. I hate to see folks lose money. We are all in this together . </p>
<p>I still like your analyst Randy. The short trade will come soon. Good luck and God bless to the group</p>
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