jenny_rebekka
Panjang

Why Buying $QID Is Getting Me So Excited Today $QQQ $AAPL

NASDAQ:AAPL   APPLE INC
66 0 1
Yes, I will admit it. I am excited today. Buying the ProShares UltraShort QQQ             ETF (NYSEARCA:QID) is probably the smartest move an investor can make today. Why? Because $AAPL             has carried the NASDAQ 100 for four straight days but is seeing MASSIVE distribution today. What is distribution? It is where there is huge volume but prices starts to flatten out. This is happening to Apple             ever since it tagged the $115.00 level. Distribution occurs when big money institutions sell into greedy small investors. The volume is big but price stays the same as the buy volume and sell volume is equaled out. In addition, the NASDAQ 100 ETF (NYSEARCA:QQQ) just filled a major gap going back to Friday's collapse. This is a huge resistance point for the NASDAQ 100. When you add the gap fill + Apple             distribution, you get a top in the NASDAQ. This is why I am so FREAKIN' EXCITED. You can thank me later when you make thousands on this heads-up alert.
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