Back to www.cobrasmarketview.com |
Seriously, momentum driven pile on using Central Bank printing press money. Need to use different tools to measure. After all it is a type of Ponzi and it will end, as they all do when the New York money crowd has an "A Ha" moment and loses confidence.Heck wrote:Is QQQ Overbought ?
Asking for family and friends
It seems to me that all the equity assets are up in the stratosphere. The chart looks parabolic.
Wonder if there will be bids and time to sell when 'time comes' ?JFR wrote:P/E is not that high. But, it seems to me that all the equity assets are up in the stratosphere. The chart looks parabolic.
"What goes up must come down."
https://ycharts.com/companies/QQQ
Be ready to jump ship when the time comes. Averages turn down. Indicators turn down. Large bar price drops. Heavy volume. Go to cash. As they say: "Be careful out there."
Plenty of time. MACD crossover or Stoch would give you time to exit safely on daily chart. The key is paying attention and acting as signals happen. Hesitate and people freeze and suffer and get locked in. Bids? The volume is 23.8M. Instant fills.Heck wrote:Wonder if there will be bids and time to sell when 'time comes' ?JFR wrote:P/E is not that high. But, it seems to me that all the equity assets are up in the stratosphere. The chart looks parabolic.
"What goes up must come down."
https://ycharts.com/companies/QQQ
Be ready to jump ship when the time comes. Averages turn down. Indicators turn down. Large bar price drops. Heavy volume. Go to cash. As they say: "Be careful out there."