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Strategies & Market Trends : Raptor's Den II

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To: velociraptor_ who wrote (868)5/5/2003 1:51:05 PM
From: Mike da bear  Read Replies (2) of 3432
 
Velo,

In the last 2 weeks the QQQ has going from 26.82 to 28.28, up 5.44%.

I've been a subscriber for 1 month now and to tell you the truth I don't see where 2 weeks ago you predicted the QQQ would go up 5% over the next 2 weeks. What I see you you holding QQQ shorts from 22.5, 23.5, etc. Your comments over that time led me to believe you thought the short side was the main play. You keep recommending short at 27+ then 28+ now we're gunning for 29.

If you thought we were going up 5% why didn't you close the shorts to reenter at a higher price?

If I'm mis-interpreting your comments on your site, then you've got to do a better job of making it clear you're projections.

If I'm wrong in these comments please set me straight.

mdb
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