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Strategies & Market Trends : JoAT's QQQ System

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To: Jack of All Trades who started this subject9/23/2004 1:10:49 PM
From: budweeder  Read Replies (1) of 942
 
My own system also went short the Q's at the close yesterday......nice to see that Jack's system concurred.

The market will do whatever it pleases, I guess...my own take is at least a short correction...positioned as I am, I would be pleased with a decline into the election.

If the likelihood that Bush will be re-elected becomes greater, there may be a reversal as the election nears...jmo, of course. Probably after the election is over there will be a rally, whomever is elected.

Our task is "merely" to identify the reversals...lol...as though that is an easy task.
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