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5 Day 0.00%
15 Day 0.00%
1 Month -8.80%
3 Month -57.55%
6 Month -65.00%
As of: 01/08/09
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Member since: Nov 06

QID trading outside bid ask

I have noticed QID, nasdaq 100 ultrashort ETF has been consistently showing last trade outside the bid ask.  (I subscribe to yahoo real time quotes.)  When I make a trade sometimes it is within the bid ask, and other times it is not. 

Quite dangerous stuff.  I have lost a lot trading in and out of this turkey.

PS UTLRSHRT QQQ(AMEX: QID)
Last Trade:    82.00
Trade Time:    10:26AM ET
Bid:    81.70 x 100
Ask:    81.73 x 400
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Posted by Running_with_scissors on 10/10/08 at 03:31 AM

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DavidDT Trading-to-Win.com

Member since: Jan 08

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Blog Posts 39
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Age: 40's
http://www.trading-to-win.blogspot.com/, CT
DavidDT Trading-to-Win.com

All in UltraLong ETFs



posted by DavidDT of Trading to Win at 10/10/2008 09:38:00 AM 0 comments
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Running_with_scissors

Member since: Nov 06

5 Day 0.00%
15 Day 0.00%
1 Month -8.80%
3 Month -57.55%
6 Month -65.00%
As of: 01/08/09
How is this calculated?
Trades 216
Trade Notes 4
Blog Posts 10

Running_with_scissors
QLD ultra-long ETF is also trading outside the bid/ask prices.

In the words of Dr. Phil, 'How's that work'n for you?"
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DavidDT Trading-to-Win.com

Member since: Jan 08

Trades 0
Trade Notes 0
Blog Posts 39
Full time trader
Age: 40's
http://www.trading-to-win.blogspot.com/, CT
DavidDT Trading-to-Win.com
As long as I close green... :)  ALL ABOARD :)
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User Avatar Brokerage Account

DavidDT Trading-to-Win.com

Member since: Jan 08

Trades 0
Trade Notes 0
Blog Posts 39
Full time trader
Age: 40's
http://www.trading-to-win.blogspot.com/, CT
DavidDT Trading-to-Win.com
On a serious note - huge imbalances most of the day, surprisingly - more on a buy side
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