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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?

To: Topannuity who wrote (398)11/11/2000 5:27:17 PM
From: Iceberg  Respond to of 840
 
>problem with your post is that it is not based on the actual market trend

So what are you saying? "Go with the current trend", i.e, short the QQQ? If so, based upon what?

Going **with the trend** is a strategy, not necessarily the most appropriate strategy, based upon TA,
is it? IMO, the strategy espoused in your post is no more valid than the post you negatively responded to. Right?

In other words, an alternative strategy could be just as valid [buy low]. That is, to buy into a
downtrend...a QQQ downtrend obvious from most any elemental TA standpoint.

Ice



To: Topannuity who wrote (398)11/12/2000 2:04:31 PM
From: robert duke  Read Replies (2) | Respond to of 840
 
Have you ever heard the phrase sell into strength, and buy on major weakness. Give it a week and then lets look at the big picture again. Also XMas is coming and new years and lots of spending. This rally should bring the qqq back over 100 for a short period of time. Buy the rally during a bear market.


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