SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Woodshed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TheSlowLane who wrote (6067)5/6/2004 12:47:52 PM
From: morokko65  Read Replies (1) of 60924
 
Re: USPIX

my tactic is to buy the QQQs when the $NASI is below -800 incrementally (typically 20-33% of my allocation), then begin to sell them incrementally as the $NASI appears to top.

The alternate for USPIX: sell some at approx $NASI -1000 and add when it looks toppy (+500 or so). Since I am more LT bearish, I am generally quicker to take QQQ profits, and more likely to keep a core USPIX position no matter what (or until NDX 350, haha)

I also use weekly charts, as I'm trying to catch 3-9 month moves, not this daily stuff. Just more my style. Profits go into BGEIX

EDIT: there is the opposite to USPIX: ULPIX, NDX bullish that could also be used to hedge
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News