Hot Topics » socialized medicine economic effects of health care loans to Greece Greek failure Greece bankruptcy International Monetary Fund

QLD

Stock Investing > Wishing Wealth

The new 3x ETF’s–triple your pleasure — or pain

Wishing Wealth | Mon, 02/09/2009 - 1:00pm | Exchange Traded Funds, QID, QLD, qqqq, Triple ETFs | 11 comments

As you know, when I try to trade the trend of the QQQQ, I buy QLD (ultra long) or QID (ultra short) ETF’s. These ultra ETF’s are designed to move twice as much as the underlying index they track. Well, less well known is that there now exist 3x ETF’s , designed to move ... Read more

Stock Investing > Wishing Wealth

GMI: 1; GMI-R: 4 T2108: 61%

Wishing Wealth | Thu, 01/29/2009 - 12:28pm | GMI, QID, QLD, qqqq, stock highs, stocks lows | 1 comment

The GMI rose to 1 (of 6) and the more sensitive GMI-R to 4 (of 10). There were 5 new highs and 21 new lows in my universe of 4,000 stocks on Wednesday. The QQQQ will change to a short term up-trend, if it holds on Thursday. I sold my QID and bought a little QLD. I ... Read more

› Wishing Wealth

One-Line Bio

I am a Research Psychologist with 40 years of stock market trading experience.

Biography

Over the past 40 years I have learned how to successfully trade stocks. I have managed to avoid every bear market since 94. I multiplied my IRA 13x and got out of the market in 2000. My portfolio gained 50% in 2003. I came in 5th in the Barron's Stock Challenge, professors division, in 2004.

I use technical analysis and think for myself. I have a set of rules to get me in/out of the market and stocks. I use TC2005 and IBD to track stocks.

I am writing this blog as an educational resource for friends and others. I am not a professional investment advisor and one should not follow my lead without first consulting a financial advisor. I reserve the right to change any opinions published here at anytime, without posting such information on this blog.

Interests

Technical market analysis, Livermore, Darvas, O'Neil, Weinstein, TC2005, IBD

QLD

Stock Investing > Wishing Wealth

The new 3x ETF’s–triple your pleasure — or pain

Wishing Wealth | Mon, 02/09/2009 - 1:00pm | Exchange Traded Funds, QID, QLD, qqqq, Triple ETFs | 11 comments

Stock Investing > Wishing Wealth

GMI: 1; GMI-R: 4 T2108: 61%

Wishing Wealth | Thu, 01/29/2009 - 12:28pm | GMI, QID, QLD, qqqq, stock highs, stocks lows | 1 comment

› Wishing Wealth

› Company Highlights

› Featured on

PowerRatings Stock Trading Strategies: After the Bounce

Through a Trader's Eye

High Probability ETF Trading: Trading Near the Close

TRADE CENTER

› Most