4 thoughts on “19th day of QQQ short term up-trend”
I’ve been wondering how the GMI would have handled the Black Swan event in Oct. 1987. Do you have a sense of what the GMI signal would have been on that day.
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Would have missed it entirely. GMI follows a defined trend.
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Would have missed it in the sense that it would have been caught long, or in the sense that it was out of the market and dodged it.
I assume from your answer, especially the part about a trend, that the answer is that latter, but just wanted to make sure.
I’ve been wondering how the GMI would have handled the Black Swan event in Oct. 1987. Do you have a sense of what the GMI signal would have been on that day.
Would have missed it entirely. GMI follows a defined trend.
Would have missed it in the sense that it would have been caught long, or in the sense that it was out of the market and dodged it.
I assume from your answer, especially the part about a trend, that the answer is that latter, but just wanted to make sure.
I meant “the former.” Sorry about that.