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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: DOUG H who wrote (4793)2/10/2005 12:53:48 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
I'd say you made the right decision. There will be no shortage of opportunities in the markets.

If QQQQ pops a bit tomorrow, that would be a nice opportunity.

If not, maybe the best course would be to wait until the correction ends. There will be volatility as QQQQ proceeds to find a bottom of course. It is not likely to simply drop day after day after day, then reverse on a dime. News and earnings and such will cause fluctuations, and these are hard to predict.

But I think the upside move we will see when it finally does reverse will be sustained and probably pretty strong.

But at least the washer is fixed, you probably had a good dinner, and you don't have to sit in the backyard trying to convince Chow-Chow that you are terribly misunderstood and mistreated !!

<ggg>

T



To: DOUG H who wrote (4793)2/10/2005 6:50:47 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Doug,

Re: I could kick myself for not entering my short trade yesterday after the high speed richochet at $38

I’m not sure why but most traders tend to miss the QQQQ as a great trading opportunity because it is one of the most predictable yet safest bets you can make as a trader.

themarketwind.com

Your point is a good one.

stockcharts.com[h,a]daclyyay[db][pi!d20,2][vc60][iLp14,3,3!La12,26,9]&pref=G

Reid