Ultra QQQ ProShares (ETF) (AMEX:QLD)

tmfenochroot

Bullish for now.

Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.

Start of a new Bull, tech to outperform.

LORDZ

see my QQQ pitch

this one is cooking with some gasoline

in that its leveraged up

LORDZ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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My thinking on greening the technology sector is based upon the seasonal effect that occurs around this time for technology...

Christmas is coming and with that sales are looking to increase...

Apple alone could push this one higher just by itself...

anyways its just my reasoning...

hopefully tech will dominate and do better than the market as a whole

if so..

I should be looking to lock in yet another correct pick..............................................

LORDZ
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He who speaks without modesty will find it difficult to make his words good.
Confucius

Heaven means to be one with God.
Confucius

I hear and I forget. I see and I remember. I do and I understand.
Confucius

I hear, I know. I see, I remember. I do, I understand.
Confucius

I want you to be everything that's you, deep at the center of your being.
Confucius

I will not be concerned at other men's not knowing me;I will be concerned at my own want of ability.
Confucius

Tech is undervalued, historically-speaking compared to the SP500, so that should balance out in the right direction for the purposes of this pick.

Also, I am not saying it will save the world, but "higher" tech is likely to look like the only way we are going to squeeze more from less... and I am starting to hear renewed buzzy hopefulness about emerging, tech-based approaches to human problems.

Covestor Model Manager Len Fox sold QLD in his Symphonic Index Covestor Model ( http://covestor.com/Len-Fox )

market ready for a pull back

The market is headed back down to 1070.

Housing will continue to be in a slump and government at all levels and all around the globe will be struggling to pay off debt. Any "growth" will probably be due to printing money to fight deflation. It will not be real growth. Consumers will continue to protect themselves by controlling their spending. All this adds up to a lower stock market.

ultralong

Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing

Market bottom or very low at least, expecting the market to rebound and this ETF will take advantage of that. Hold for a period of time.

Going down at twice the market rate.

It's a depression. Get it through your head.

I recently ran into this article on an Ultra oil ETF strategy:

http://www.howtowriteoptions.com/ultra-covered-call-strategy-fails/

By shorting each side of the Long/Short ETFs I will eventually come up on the positive end. Not sure how effective this will be in real life but long term on CAPs combo-ing these ETF is a sure winner.

Ultra ETFs suck over the long haul. Look at the charts.

Fading every pick made by Ultralong

2x Qs should be good for coming out of a recession. Also great for selling covered calls.