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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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From: Vendit™	1/14/2005 9:45:36 PM
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The Bears are taking over: (a Vendit study) A six month study looking out from where we are today, 1/14/2005 suggests that being short the QQQQ is where the winners will be over the next six months. 139.142.147.218 Read what I said very carefully and study the above chart. The chart above shows a very recent shift in market bias towards a short market; however the longer term trend remains UP. This means that you can still play stocks in both directions. Long players should heed more caution as the bears now have the trend in their favor. Bull runs will be shorter in duration so take your profits and run. Don’t hold long positions over night unless you have a runner. Bears, true bears know what you have to do. Reid

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