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Strategies & Market Trends : Hu model record - up 260% in 27 months

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To: Steve168 who started this subject1/23/2004 4:27:29 PM
From: Steve168   of 32
 
Model turned bearish 1/22/04. I was taking profits yesterday and today - from 100% long to about market neutral (same amount in long and short positions). Shorting QQQ average at 38.25. Also shorted JNPR at 29.80 yesterday and several other stocks that are technically vulnerable to a pullback.

It looks like most people believe the economic recovery is unstoppable, more and more people bragging about stocks in parties. That's a bearish sign too.

My computer model is truly based on stock data. It is predicting a 5% pullback on QQQ at 38.25.
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