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To: Jon Khymn who wrote (140)6/4/2001 7:12:01 PM
From: Jon Khymn  Respond to of 795
 
The market's been pretty boring past few weeks...

I don't like the outlook of QQQ, short term or long term at this point.
Guessing it will continue to be boring with little bit downward bias.

Not trading any these days.
Wonder if I should cut down tradings to just few times a year...
It seems more or less sure things comes along at least once or twice a year.
Perhaps that's all I need to trade.....



To: Jon Khymn who wrote (140)6/5/2001 4:37:32 AM
From: Robert Scott  Read Replies (1) | Respond to of 795
 
This has nothing to do with statistics because statistics can only be reliable if you use random sampling and that is not the case here. It is based on what these averages have done in the past. There is no guarantee but if you look at the data, it is clear that the QQQs are a superior investment vehicle after a market low - in fact this is the case every time. 10 months is used because I looked at the performance over a 12 month period from the market low and that happened 2 months ago.