Tuesday, January 25, 2011

Shorting The Nasdaq 100 With HQD.TO

This is a closer look of the QQQQ. It's a 60 minutes chart with a clear up channel which I am betting will break.
This is the QQQQ daily chart which is the US Dollar ETF. I look at this as the proxy when buying the 2x ETF's.
So I bought 600 shares at 7.50 of HQD.TO which is the 2x leverage inverse ETF to the Nasdaq 100.

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