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Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

November 3, 2008


QID SDS Pullbacks - 110308

Filed under: Stock Picks — Online Stock Trading @ 10:32 am

These 2x short ETFs are so close to their 50 day moving averages, they might as well tag them before this market pulls back.

That’s currently 59 for QID, and 80.5 for SDS.  The 100% retracement in both is bearish.  I’m long QLD.

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