QQQQ Trade in a Bearish Market

11/14/2008 10:23 am EST

Focus: ETFS

Brian Shannon, CMT

President, AlphaTrends.net

In this video, Brian Shannon trades the Nasdaq Powershares and discusses how he makes buying decisions and how he determines whether he is going to go long or short a security. He ultimately decides to go short the QQQQ in anticipation that the Nasdaq is headed lower. You’ll also see how he manages the trade and the decisions he makes when he decides he was right or wrong. Watch the video below to see the outcome!

Brian Shannon

Scalp In A Choppy Environment from brian shannon on Vimeo.

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