September 6, 2011
Taking profits on a 15% tranche on PowerShares QQQ (QQQ) at $55.55.
We have taken partial profits on a 10% tranche of PowerShares QQQ (QQQ) at $55.59.
ISM index will be released at 10:00 am EST. Some market participants seem to know it at 9:55. If the index is less than 49.5, we will exit our entire PowerShares QQQ (QQQ) position. If the index is over 55 we will add a 20% tranche.
Taking additional profits on QQQ on a 10 % tranche at $ 55.44.
Taking additional profits on a 5% tranche of QQQ (QQQ ) right here at $55.25. The point is to reduce risk prior to the ADP data to be released at 8:15 AM EST. It is time to be in the mode of taking profits and closing this profitable position. We
Taking partial profits on a 5% QQQ (QQQ) tranche right here at $$54.39. We are closely following this trade in the Real Time Feed of the ZYX Buy Change Alert