Posted Wednesday, August 10, 2011 @ 6:55 am by Dr. Wish
5th day of QQQ short term down-trend; in cash
Bottoms take a while to put in. I do not trust this one yet. We are only five days into the new short term down-trend. But with the T2108 at 8% we are in extremely oversold territory. I am in cash, safely and calmly watching from the sidelines.
Post Tags:
Comments ( 1 Comment )
Illini added these pithy words on Wed, 8-10-11 at 7:43 pmThis is bad, good Doctor. Nice that your system pinned it 5 days ago. Thanks but I only managed to get to 20% cash plus adding a utility (which is down too but not as much as all else).
Add a Comment
