Thursday, September 18, 2014

Robert Gordon and QQQs

My reading of "Robert Gordon's 7 days" is that RG circumnavigated the globe in 5 days and 5 hours....not 7 days.  A recalcitrant reprobate binge sitting on a bench in Central Park would have seen 6 sun rises from 7am on July 21 to the 7th day at just before noon.  But RG would have seen only 5.  If so, that would be 125 hours.  


QQQs first trade was 3/10/1999 (presumably 9:30am).  If you add 1086 intervals of 125 hours from that date you arrive at 9/3/2014, the date of the extended and regular hours all time high for QQQs.  If you add three more intervals of 125 hours you arrive at tonight and we are revisiting that extended market high as I write this note.

 
Let's see what the 'morrow brings.  Oh, and here's a chart:


Jim

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