$ProShares UltraPro Short QQQ ETF (SQQQ.US)$Entered at 29.9, watched it fall like a rock, two hours later now it's soaring weakly just as I decided to short my shorts. Timing the market is... impossible. Geez
Daring Lu
:
If he lowers the rate, a bigger time bomb will be triggered. Inflation will worsen. Before year end, they may caught in Stagflation. No idea whether he will lower or not. Logically, not in May. Should be in June but nobody knows what games they are playing.
Hyot_yeah
OPDaring Lu
:
True and stagflation is very serious they won't want to put their citizens in that position. Considering this FED should not cut rates, doing so is really playing with fire
Daring Lu
:
past two days, SQQQ plunged after regular hours. Did they staged the above for them to continue to sell massive equities at good price? Govt & institutions. If this is the case SQQQ will suffer temporary setback until they have completed offload their holdings. [Cry] Selling of equities will start again before pre mkt and regular hours? we shall see.
Hyot_yeah
OP70133561
:
exactly and I rmbr some days back SQ pump after hours with no good news, it went back down this might be the case now but opposite
70133561
wtflag
:
This is not a Bullish message, just like Powell's speech tomorrow. The Large Cap suddenly stretches, capitalists are looking for someone to take over.
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Syd Moo : 8% swing consider a new normal