Poker - I was thinking too, that this is such as perfect setup for the QQQQ's to get back to the mid teens over the next 18 months -
1. Buy the dippers out there right now.
2. Once they get thier head handed to them this next month, it will be the 4 year cycle is bottoming just like we always thought, and everything is going to plan. Let's buy the dip in November, December, January, etc (I have seen projections that the cycle can end all the way in March 2007)!
3. Then by March/April it will be CRAP! This is not working! Sell everything (which at that time of course will be followed by a big bounce (which I will want to be long in), probably at the QQQQ area of 25-26 or so, taking the index back up 10%.
4. Then drip, drip, drip, depressed bulls during the weak spring and summer blues. Maybe some sideway action for a few months, but mostly headed ultimately to where we know it is going.
