The table below, like the one I showed in late August, shows me the wisdom of forsaking individual stocks in favor of the 2X or 3X ETF”s. Why try to find the few stocks that can beat these ETF’s when the odds are so low? Since the current short bounce began September 1, the standard NASADQ 100 index ETF (QQQQ) rose 8%. 
During this same period, the comparable Ultra 2X ETF (QLD) rose 17% and the tech 3x ETH (TYH) rose 21%. If I had been trying to pick the specific NASDAQ 100 stock that would outperform these ETF’s, I would only have had a little better than even chance (57%) of beating the QQQQ. But only 13% of the NASDAQ 100 stocks beat the QLD and 11% beat the TYH. So, why search for the low probability winning stock when I can just buy the Ultra ETF’s? Furthermore, a single stock can be slammed by bad news, but the ETF’s are less vulnerable to that because they represent an index or a collection of stocks. The key to trading profits is to play the odds and not to try to look smart by beating them….. Meanwhile, the GMI and GMI-R remain at their maximum
General Market Index (GMI) table
GMI and GMI-R at the max; short and long term indicators in up-trends; GMCR toppy?
All of my indicators are positive again. My university pension is now 100% invested in mutual funds and at all-time highs. The GMI table below shows
Signals inconsistent-waiting in cash
Sometimes my long term and short term indicators do not agree with each other. This is one of those times. My short term daily trend indicator for the QQQQ turned down last week while my long term indicators remain up. So, I went to cash in my short term trading account but stayed long in my more conservative pension mutual fund accounts. The GMI