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Strategies & Market Trends : Hu model record - up 260% in 27 months
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To: Steve168 who wrote (14)6/20/2004 1:41:17 AM
From: Steve168  Read Replies (1) of 32
 
Technically the market has built up tremendous pressure to go down. Both my long-term model and short-term model are giving bearish signals. I am convinced enough to load up short positions on QQQ and another "limited risk, great potential" instrument, effectively 100% net short now, the most bearish position I can take. If QQQ goes down 5%, I will be up 5-7%, effectively beating the market by 10-12%.
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