With the Investor’s Intelligence poll showing almost 60% bulls and 67% of the Nasdaq 100 stocks having an over-bought stochastic, I am becoming more defensive in my trading accounts.
4 thoughts on “56th day of QQQ short term up-trend; becoming more defensive”
Dear Dr.
Do you think we are in a third industrial revolution? If so, how long would it last? Also, has the market already price the revolution in?
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Are you even considering a modest paid system where your subs could get your leveraged ETF trades in real time?? You seem to have some of the best gut feels on the market as well as your winning GMI system!
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No. One of the pitfalls in trading is telling people what you are doing. This brings one’s ego into play with disastrous consequences.
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I am not an economist and have no idea what you are talking about.
Dear Dr.
Do you think we are in a third industrial revolution? If so, how long would it last? Also, has the market already price the revolution in?
Are you even considering a modest paid system where your subs could get your leveraged ETF trades in real time?? You seem to have some of the best gut feels on the market as well as your winning GMI system!
No. One of the pitfalls in trading is telling people what you are doing. This brings one’s ego into play with disastrous consequences.
I am not an economist and have no idea what you are talking about.