24th April 2012 – When you kill Q(kill) Q(kill) Q(kill), you go in fast, you come out quick!

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
	11.90				Profit	3 days

 

Reason for Buy / Sell / Short / Cover:

 

1. AAPL is going to release its quarter report tonight. I am not going to try going against it. AAPL constitute a big portion of QQQ.

 

Lesson Learnt:

 

1. I might miss the chance to earn BIG, but I don't think I can take the risk to fight against AAPL quarter report.
2. If AAPL report is bad and the technology sank, I am not sure how to get in to this SQQQ.     ;-)

 

Intraday Chart

Historical Chart