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Strategies & Market Trends : AL is Not a Human Being

QQQ 629.07

+0.5%

Oct 31 5:00 PM EST

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To: Win-Lose-Draw who wrote (698)	12/17/2002 11:48:31 PM
From: Psycho-Social	Read Replies (1) of 793

Asset Allocation: QQQs will probably do well if my hypothesis is correct, but I'm using a different approach from my usual one which emphasizes S&P correlation. I'm 40% in an equity-income fund because that type of fund shows the best correlation with the DJIA. I've got another 20% in a Nasdaq fund, and another 20% in a small cap index fund. (The final 20% is in a Junk Bond fund, which I hope to hold for a number of months.) Let's see what the big players do as the year nears it's end. I'm not using time limited investments as you are, but if there's a good Nasdaq rally from here to year-end, you'll really clean up. BTW: I've studied prior situations where the Market's been down significantly on a quarterly or YTD basis. The tendency is to rally into quarter's end, but often the peak comes a day or so before the quarter's end. My guess is that hedge funds and traders in the know may be front running the manipulation (as we're trying to do), but closing out their positions just before the large institutional players are forced to reverse some of their positions. If all goes well, therefore, I'll probably start taking profits on the 30th at the close.

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