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July 08, 2010 – Comments (0) | RELATED TICKERS: NUS

Ok, so I had a video for this particular post that I had done, and for some reason, when I went to go save the video I had just recorded, it did not save it and now I am a bit pressed for time as I'd like to go home and eat dinner with my family - So I'm going to be pretty quick with this one.

If you followed the markets closely today, you saw that we got whipped around quite a a bit, with a minor-late day rally occurring there in the last hour. When that happened (and you saw it coming based on the obvious cup & handle pattern that formed on the intraday charts), I re-entered into a position on the Nasdaq QQQQ to hedge my position overnight, as I am still unsure how high this market could go in the near term.

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