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Strategies & Market Trends : Longer-Term Market Trends

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To: frigengenius who wrote (1399)7/18/2008 12:47:09 PM
From: frigengenius  Read Replies (1) of 3209
 
Nailed the bottom...Nailed the top. $}}

K...now I put my hammer down for a minute.

Message 24766631

This chart rolled over. The QQQQ's are no longer the leader....my chart of choice is failing.

Not the end of the world. Or is it? I thought that was in 2012?

Near term...Q's should underperform to upside...and outperform to downside. So a good strategy is too go long SPX on bounces and short NDX on corrections.

I don't know how deep this correction will be but it will be more than one day....more than today. Could last days...could be months.
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