36th day of QQQ short term down-trend; mainly in cash

GMI0/6
GMI-20/8
T210820%

I remain in cash in my trading accounts.   I transferred some of my university pension money from mutual funds to a money market fund.   I think it prudent for me to take some of my most conservative pension money off of the table.

3 thoughts on “36th day of QQQ short term down-trend; mainly in cash”

  1. I think you missed the boat your university pension money! Why didn’t you go to cash 36 days ago? Most people as of now have lost all the gains this year. I think you have a good set of trading rules, but there is no value in them unless to follow them :)!

  2. My crystal ball and common sense told me to BUY lots of INVN, and I did today. In one day INVN went up lots of percentage! Soon it will be in the top IBD50.
    Dr. Wish, make another transfer — back into the market!! 🙂

  3. I went to cash (and a little short) weeks ago in my trading accounts. However, I have limits on trading my university pension and only exit gradually when I am more confident of a longer term down-trend.

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