This up-trend remains intact as we head into end of quarter mutual fund window dressing. I look for the market leaders such as AAPL, BIDU and NFLX to finish the month strong. It will be interesting to see if we will get some typical October weakness. For now, all my indicators are positive. Two QQQQ short term up-trends in the recent past have lasted as long as 80-86 days.
Dr. Wish
On to mutual fund window-dressing
After the huge run-up last week, unless the up-trend is broken, I am holding my positions at least through end of the quarter window dressing during the last week of September. The market leaders appear to be holding up well.
QQQQ short term rally completes 11th day; ARUN
All indicators remain positive. Riding this up-trend. Another IBD 100 rocket stock near its all-time high: ARUN, (Click on chart to enlarge.)
