Some Pointers for Traders of the QQQQ.
Professionals have dominated,
controlled and - if they used the TigerSoft charts -
steadily profited from the short-term swings of the QQQQ, Nasdaq-100.
The QQQQ is still down
more than 50% from its 2000 high, so with the DJI and SP-500
making new highs, professionals know there are a lot of public buyers
of tech stocks that seem
historically cheap.
The QQQQ can be traded
like any stock or ETF. But it also has options
which are traded
on teh CBOE. And there are ETFs which give traders lots of
leverage if they like.
Exchange-Traded Funds Related To NASDAQ-100
Index
or Fund Beta Median Daily
Volume
--------------
-------- ----------------------
NDX
-NASDAQ-100
QQQQ
1.02
109,192,650 Long NDX
QLD
2xNDX 2.25
448.700
Long Two NDX
PSQ
-1.08
79,250
Short NDX
QID
2xNDX -2.07
2,208,600
Short Two NDX
Using Peerless
and TigerSoft To Trade The
QQQQ
Peerless has been
on a major Buy except for a month after May 5th, 2006 and for the eight
weeks before March 5th this year. The same trading system has
been our #1 system throughout
this period. You can see its Buy and Sell signals from the arrows
shown below.
I have suggesed to
subscribers and to most index traders that, unless they are very skilled,
they stick to the long (Buy) side, and avoid the Short side. When the
TigerSoft chart of the QQQQ
gives a red Buy signal, Buy the QQQQ, or a vehicle like the QQQQ, such as its
calls. When it gives
a red Sell down-arrow, take profits, but do not sell short. or buy QQQQ puts,
unless it is to hedge.
Heed the time-tested Peerless major signals.
Trading only on the long-side, Buying on
a red Up-arrow from the TigerSoft chart
of the QQQQ and selling the position on the next red Down-arrow, would
have gained the
trader, +36.9% from August 8th, 2006 to July 6th, 2007. Of
course, you can easily margin
or leverage these positions so that each gain or loss is 2 or 3 times
greater. That is why professinals
love the QQQQ. Here are the signals trades, as shown by the Tiger
Soft charts. Note that
we assume we start with $10,000, that each trade costs $40 in
commission and slippage. And
that we trade at the next day's opening.
+36.9%
Gain in 11 Months Using QQQQ without Shorting It.
(Trading
the QLD would have hgained you 73.8% in 11 months.)
QQQQ Trades
for the last 11 months: August 17, 2006 to July 6, 2007
Using Automatic TigerSoft Signals, as
Shown at The Time and Starting with $10,000
Buy Date
QQQQ Sell Date QQQQ
Pct.Gained Investment
============
=============
======= =======
8/9/2006
36.46 8/17/2006
38.65 +6.0%
10, 601
9/7/2006
38.54 9/14/3006
40.35 +4.7%
11,099
10/3/2006
40.22 10/5/2006
41.38 +2.9%
11.419
10/19/2006 42.05
10/24/2006 42.14 +0.2%
11,443
11/2/2006
42.10 11/9/2006 42.83
+1.7%
11,641
11/28/2006 44.00
12/6/2006 44.34
+0.8% 11,731
12/26/2006 43.19
1/5/2007 43.88
+1.6%
11,919
Peerless-Sell S9 on 1/5/2007 QQQQ = 43.85
Instead of using the TigerSoft signals on the QQQQ,
it would have been better to use the Peerless system.
1/19/2007
44.21 2/8/2007
44.57 +0.8%
11,216
2/13/2007
44.05 2/16/2007 44.64
+1.3%
12,177
2/28/2007
42.55 3/13/2007 42.43
-0.3%
12,143
Peerless-NASD-Buy B8 on 3/5/2007 QQQQ = 42.15
3/14/2007
42.85 3/21/2007 44.44
+3.7%
12,593
3/29/2007
43.56 4/9/2007
44.44 +2.0%
12,847
5/11/2007
46.77 5/23/2007 46.85
+0.2%
12,869
5/25/2007
46.49 6/1/2007
47.26 +1.7%
13.083
6/8/2007
46.89 6/15/2007
47.85 +2.0%
13,350
6/27/2007
47.52 7/5/2007
48.71 +2.5%
13,685
Trading all
the QQQQ's Automatic Signals on the long-side would have brought a +36.9%
in this
11-month period. There were 15 winning trades and 1 losing trade.
The biggest
paper loss - also shown in the TigerSoft display 0 would have been -0.3%.
There Are Times When A Breakout Should Stop
You From Using A Red Buy or Sell.
I have circled
breakouts in the charts back to 2003. You can see that it would
be better not to trade immediately against a breakout
or breakdown. Look at these
charts to get a better idea. Our manuals
discuss this more fully.
2006 - QQQQ Signals' Gain = +34.8% Using Buy, Sells and
Short Sales.
2005 - QQQQ Signals
2004 - QQQQ Signals
2003 - QQQQ Signals
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Jokes
Women and "Liberated Men" Will Like.
#1 - A
man and his wife were having some problems at home
and were giving each other the silent
treatment. Suddenly,
the man realized that the next day, the would
need his
wife to wake him at 5:00 AM for an early
morning business flight.
Not wanting to be the first to break the
silence (and LOSE),
he wrote on a piece of paper, "Please wake
me at 5:00 AM"
He left it where he knew she would find it.
The next morning, the man woke up, only to
discover it was
9:00 AM and he had missed his flight. Furious,
he was about to go
and see why his wife hadn't wakened him, when
he noticed a
piece of paper by the bed. The paper said,
"It is 5:00 AM. Wake up."
#2 - A woman walks into a bar,
sits down and orders a drink. Next to her sits a
man wearing a cowboy hat,
western shirt, cowboy boots, and jeans with a big silver
rodeo buckle. The woman looks
at him and asks, "Are you a real cowboy?"
He replies that he's spent
most of his life bustin' broncos, mending fences and
rounding up cattle so, yes,
you can say he is a real cowboy. He then asks her,
"So what are you?"
She replies, "I'm a lesbian. I
spend most of my time thinking about women.
When I'm rating, working, washing
or sleeping, all I think about is women."
She finishes her drink and leaves.
Soon a young couple comes in and
orders drinks. The woman notices the
cowboy and asks him, "Are you
a real cowboy?" He ponders the question
and replies, "I used to think
so but I just found out I'm a lesbian."
#3 A male driver is pulled over by a cop and the following
conversation
takes place:
Man: What's the problem officer?
Cop: You were going at least 75 in a 55 zone.
Man: No sir, I was going 65.
Wife: Oh Harry. You were going 80.
(Man gives his wife a dirty look.)
Cop: I'm also going to give you a ticket for your broken
tail light.
Man: Broken tail light? I didn't know about a broken tail light!
Wife: Oh Harry, you've known about that tail light for weeks.
(Man gives his wife a dirty look.)
Cop: I'm also going to give you a citation for not wearing your seat belt.
Man: Oh, I just took it off when you were walking up to the car.
Wife: Oh Harry, you never wear your seat belt.
Man: Shut your mouth, woman!
Cop: Ma'am, does your husband always talk to you this way?
Wife: No, only when he's
drunk.
#4 One day, three
men were hiking and unexpectedly came upon a large raging, violent river.
They needed to get to the other side, but had
no idea of how to do so.
The first man prayed to God, saying,
"Please God, give me the strength to cross this
river." Poof! God gave him big arms and
strong legs, and he was able to swim across
the river in about two hours, after almost
drowning a couple of times.
Seeing this, the second man prayed to God, saying, "Please God, give me the strength
..
and the tools to cross this river."
Poof! God gave him a rowboat and he was able to
row across the river in about an hour,
after almost capsizing the boat a couple of times.
The third man had seen how this worked
out for the other two, so he also prayed to
God saying, "Please God, give me the
strength and the tools...and the intelligence...
to cross this river." And poof! God
turned him into a woman. She looked at the map,
hiked upstream a couple of hundred yards,
then walked across the bridge.
(Source: http://westernquaker.net/quaker_humor.htm#Crossing%20the%20raging%20river
)
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