Playing the Ponzi's  Instablog

Playing the Ponzi
Send Message
Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
My blog:
Playing the Ponzi
  • QQQ Testing Primary Trend Line 0 comments
    Oct 19, 2012 11:24 AM | about stocks: QQQ

    The Nasdaq (NASDAQ:QQQ) has under-performed for the last week or more and it is now testing the primary trendline from its 2009 lows. A break here could set the stage for a more significant sell-off.

    (click to enlarge)

    Disclosure: I am short QQQ.

    Stocks: QQQ
Back To Playing the Ponzi's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.