Jan 28, 2003
It's been almost 2 years now.
Reviewed all the postings again. Thanks to a good friend like Chris, I was very lucky to capture the moments of major peaks and valleys.
(Of course I did fall flat on few short term tradings.)
It's a long journey home, if we can find a few good friends along the way, this life is worth living...
#1 - 3/25/2001 - Look for 37-38 QQQ by 4/10
Q was 43 and Nas 1929
#24 - 4/2/2001 - So we have arrived at 37... a week before the due date...
#25 - 4/3/01 - QQQ below $35, Started to go long QQQ 15% @34.7
Went long at 35, which was mid-term low.
#37 - 4/9/01 - Q is now 37, looking for 30% midterm rally to 48 (That is Naz from 1745 to 2260) by early May.
Which peaked to 48 in late April & early May. (Mid term top)
#155 - 9/19/2001 - Bot some QQQ and DIA yesterday and today (30-31, 89-90)
After 9/11, cover shorts and started to buy again at low 30s and high 20s. Later Q peaked back to 40 in December.
#160 - 10/21/2001 - i'd give better than 50/50 that we'll see nas to hit 1200 before the April next year. (currently 1650)
#282 & 284- 1/30/2002 - Long term cover? Maybe around 1300.
At the time it was a ridiculous idea that Nas could go down that low, even though the timing was few months off, it did go down to low 1200s in July 2001.
#299 - 7/3/2002 - Bloodie bloody bloody,
1300s is here to stay,
#305 - 7/23/02 - Nas in low 1200s and Dow in 7700, wow, as soon as you open your mouth the market is there.
Bot 30% more Nas in low 1200s.
Started to take heavily long position at 1200s
Sold in 1300s and 1400s, recycled again in 1200s in 9/18/02.
#319 - 9/18/02 - Chris, time to recycle QQQ again at Nas in low 1200s?
Buying here at 1237, will hold for 100 point gain.
#332 - 10/8/2002 - add 25% at 1115, (100, 75, 75) - QQQ below $20 !!
Everyone thought Nas was melting down, but fully loaded at Nas 1115, that was one of the fine moment.
The journey will continue...
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Date: Mar 25, 2001 2:53 AM
Notes and thoughts on QQQ & DIA.
As of 3/23/01
QQQ 43 & Nasdaq 1929 (USPIX 61)
DIA 95 & Dow 9505
3 days to 3 weeks trading plan. |
