Paul J Singh

Category: QID

  • Focus List Video: QID

    At the top of my focus list is QID, which is an ETF that is a leveraged Nasdaq short. Take a look at today’s video to see how I plan to trade it. http://flash.revver.com/player/1.0/player.swf?mediaId=498261&affiliateId=93676 http://revver.com/watch/498261/flv/affiliate/93676/qid-stock-trade-setup-11-25-07/

  • Today’s Trades: GROW, MVIS, QID, EWZ, HOKU

    I sold 600 shares of EWZ at $51.80 (entry at $50.43) for an $822 gain (+2.7%). I suspect that it will retest support at $50, which could provide another entry. I sold 1000 shares of HOKU at $6.44 (entry at $6.11) for a $660 gain (+5.4%). There is not enough…

  • Trades and Vanity Performance Stats

    I sold 1000 shares of QID at an average price of $53.86 (entry at $55.50) for a $1640 loss (-2.9%). I covered 200 shares of AAPL at $92.05 (short at $90.10) for a $395 loss (-2.1%). I covered 500 shares of STLD at $41.08 (short at $39.08) for a $1000…

  • Trade Updates: QID, VLO, HAL, LEH, STLD, AAPL

    I was stopped out of my 350 share position of HAL at $30.44 for a $388 loss (-3.7%). I sold 350 shares LEH at $72.71 for a $231 gain (.9%). The total gain for the 700 share position was $696 (+1.4%). I was hoping for a bigger gain, and decided…

  • Chart: Analyzing the Nasdaq Composite

    Wow, that was some fakeout we saw today. Once the Nasdaq broke down below 2350 and the recent low, I was sure we were headed for a retest of the 200 day MA. Now I’m not so sure. The Naz (and other indexes), printed quite a powerful candle today on…

  • Another update: QID and HAL

    I bought 350 shares of HAL at $31.55. I bought 500 shares of QID at $56.64. See the last post for the rest of today’s trades.

  • Trade Update: QID, VLO, AAPL, SSRI, STLD

    I sold 1000 shares of QID at $57.21 (entry at an average price of $55.55) for a $1660 gain (+3.0%).I covered 500 shares of SSRI at $29.79 (entry at $32.24) for a $1225 gain (+8.1%). Yesterday I went short 500 shares STLD at $39.08. I am still long 200 shares…

  • Today’s Trades: VLO and QID

    I covered my 400 share position in VLO at $60.21 (entry at $59.06) for a $460 loss (-1.9%). I bought 500 shares of QID at $55.23. I now have a 1000 share position in QID. Today’s gap up has the look and feel of a “fade the gap” short squeeze…

  • Today’s Trade; VLO and QID

    I’ve traded these stocks so much that past few days, they feel like family. I bought 500 shares of QID at $55.86. I’ve been trading in 1000 share blocks, but I’m not sure that there won’t be more of a bounce in the Q’s, so I’m keeping the position size…

  • Get Ready to Short the Bounce

    Hopefully this bounce can last another day or two. I will use market strength tomorrow to deploy a few short plays. A lot of sectors are setting up the same way, so I’ll stick to QID and a few select sectors and stocks. Financials, commodities (not oil), tech and China…

  • Losing My Flow and Today’s Trades

    I panicked. As I watched QID gap down this morning, I could feel myself losing my flow. All the Zen stuff I write about went out the window. As my highly developed flight reflex kicked in, Mister Self Awareness (that’s me) was thinking like a four year old being chased…

  • Tuesday and Off Topic Stuff

    There isn’t much new to report with regards to my strategy going into Tuesday. I plan to try to unload my QID position into strength, and possibly repurchase on weakness, as I did today. You know the saying: keep striking while the coal is hot. Until this strategy ceases to…

  • Today’s Trade: QID and VLO

    I sold 1000 shares of QID at $57.98 (entry at average price of $55.23) for a $2750 gain (+5.0%). Over the weekend I placed a sell limit order at $57.50. My thinking was if the market opened weak, there would be a bounce later in the day where I could…

  • Today’s Trades: VLO and QID

    I sold 300 shares of VLO at $57.90 (entry at $56.90) for a $300 gain (+1.7%). I still like the stock, but in this market enviroment I’m going with shorter hold times and quick profits. I reserve the right to re-enter. I bought another 500 shares of QID at $55.25.…

  • Trade Update: QID, QID (not a typo) and VLO

    I sold 1000 shares of QID at $56.55 (entry at $53.82) for a $2730 gain (+4.8 %). To be honest, I probably would have held on if it was not for the fact that I had a limit order in place overnight. So I re-entered a few minutes ago. I…

  • Trade updates: QID, STLD, GS, VLO, EWZ

    Man, I’m kicking myself for getting rid of QID yesterday! Stupid, stupid, stupid! I hate myself right now. I should have let the trade play out until it hit my target or stop. Micro-managing at its worst. I’m holding on to most of my positions right now, and actually made…

  • Today’s Trades, Watchlist

    I sold all 600 shares of QID at $50.61 (entry at $49.85) for a $456 gain (+1.5%). I exited before hitting my target price. I’m worried that the recent strength in semis could lead to an upward breakout in the Nasdaq. I bought 100 shares of GS at $214.45. It…

  • Today’s Trades: EWZ and QID

    I sold 700 shares of EWZ at $49.74 (entry at $48.44) for a $910 gain (+2.7%). I originally entered this trade as more of a long term swing trade. However, I didn’t trust the gap up this morning, since it wasn’t on tremendous volume. If I can enter again at…