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TRADE #9 - Short QQQ 80s @ $34.84 in Datek (Backlog for October 23, 2001)

Contributed by mm | January 4, 2003 11:03 AM PST

[This is a backlog for a previous trading transaction. It may not fully represent my thinking at the time of the trading.]

Today I shorted 80 shares of QQQ, the ETF tracking stock for NASDAQ 100, @$34.84.

Seeing NASDAQ lost 65% from the all-time high in April 2000, I continue to be bearish of the market in general, and tech-oriented NASDAQ in particular. I think the decline has not finished yet and decide to try my luck in shorting. Let's see how it pans out.

This Post Has Received 2 Comments. Share Your Opinions Too.


ylq Commented on September 7, 2017

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Consumerism Commentary
Get Rich Slowly
My Money Blog
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The Simple Dollar






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