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Pastimes : Trade Blogg Ideas Inter Alia

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From: Rutgers	3/24/2006 5:25:24 PM
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New Trade Alert - QQQQ putting money where my mouth is...as you know, last week, I went to pure cash and bonds in the 401k - and, as of right now it looks like I was early on that move...So, I maybe early on this move as well and that's ok, inasmuch as I still have more long v. short positions, but as we move closer to April, I think a correction will be in the air. I am of the school of thought that believes in the four-year cycle lows and when combined with the absence of a 10% move down in close to three years...I gotta believe that 10% move to the downside is likely before the end of October... bottom line, just before the bell rang for the week, I went short the QQQQs at ~41.28, if nothing else, this should (knock on wood) act as a partial hedge to the longs

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