August 30, 2011
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
We are long QQQ (QQQ). Some accounts we advise are also long SPY and DIA. As long time readers know, I follow the ZYX Change Method. The method combines fundamental, quantitative, and technical analysis. From a fundamental and quantitative point of view, the stock market is not expensive and
Exited a 10% tranche on QQQ (QQQ) at $54.07. For details, please see the Real Time Feed of the ZYX Buy Change Alert.
We exited this morning’s tranche of PowerShares QQQ (QQQ) at $51.26.
As per the prior entry on PowerShares QQQ (QQQ), followed through yesterday by selling a 30% tranche at $53.05 on the upspike.
Plan is to sell another tranche of PowerShares QQQ (QQQ) on any spike up from here.