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Strategies & Market Trends : AL is Not a Human Being -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (690)11/25/2002 10:20:08 AM
From: Kirk ©  Respond to of 793
 
I agree on that. Using the Bollinger Bands and MACD has worked well for some. A very good QQQ swing trader,DanG, posts his results here suite101.com

He only posts a couple times a day at best but he went bullish recently and has been quite good for the whole bear. He just wrote:
IMHO, those expecting to get back into the market after another retest of the lows will very likely be disappointed and left holding onto their 1% money funds as the market marches higher in the months to come.

I think he tightens his stops when hitting the upper BBs then either shorts when they turn or waits for the lower BB to buy back. He then uses weekly MACD to get the long term direction. He is bullish now so has said he widened his stops.

I have troubles trading (IT to LT, I try to not do ST trades) unless I like something for an investment so I'm not into the QQQs other than one trade I tried and stopped out of before I decided to go back to the stocks I like and have had some successs with.

Futures, etc... too complicated so too much room to err and get hurt. Not for me but I see others do fine.

Kirk



To: Steve Lee who wrote (690)11/26/2002 2:26:16 PM
From: TREND1  Respond to of 793
 
Will mostly issue a QQQ sell today based on
(1)Expected drop in $BPCOMPQ
(2)Expeced drop in number of Nasdaq 100 stocks with
RSI>70
(3)This will be a One day to a few days, to start.
(4)Stop Loss will be any day with QQQ Daily Higher High.
(5)Will confirm this with about 15 minutes to close.

Larry Dudash
PS:This is not a Hal sell.
PS:There was no buy connected with this coming sell.