7th day of QQQ short term up-trend; mainly in cash; DDD strong

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GMI-20/8
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The QQQ short term up-trend is still intact–barely. I am waiting to see which way the market resolves itself.   I am mainly in cash in my trading accounts. I remain 100% invested in mutual funds in my university pension. IBD calls the market back in a correction.

On May 24, I wrote about DDD,one of Judy’s favorite concept stocks.   DDD was trading around $30 per share. DDD is in the exciting 3D printing business.   Check this technology out, it is not like printing a 3D picture!   Even in this volatile market DDD has held up beautifully and it hit a new all-time high on Tuesday.   I own some of this stock and   plan to hold it for a while as a longer term investment. Check out this weekly chart.

And this monthly chart:

 

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