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Strategies & Market Trends : Playing the QQQQ with Terry and friends.
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To: Walkingshadow who wrote (141)5/17/2005 10:43:28 PM
From: J.K.  Read Replies (1) of 4814
 
...good folks on that thread, they just tend to have a pessimistic macro-FA outlook , and so their negative bias.

You wrote:

"IMHO, $RUT will join with $NDX and $COMPX, which have also been in long-term uptrends (albeit for 22 weeks longer than $RUT) and have both formed bottoms on solid support with evidence of professional accumulation after a medium-term correction that began in December:"

Help me out here if you can - how do you recognize the professional accumulation?

Thanks,

J.K.
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