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S&P 500
5,303.27
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0.12%
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US TECH 100
18,066.00
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-0.07%
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Dow Jones
40,003.59
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Post# of 8622
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northam43

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northam43

Re: None

Wednesday, 03/03/2010 12:12:03 PM

Wednesday, March 03, 2010 12:12:03 PM

Post# of 8622
QLD Daily EMA 3 is now at 58.35 That is my current line in the sand. If QLD drops below that level I will sell all profitable positions. Otherwise I will continue to hold until a position has gained 10%.

QID low today so far is 18.63. The current cycle low is 18.61. If a new cycle low is made today it would be the 4th cycle low, which is the average lows for a QID Daily cycle. So if QID price drops below 18.61. I will be adding to my QID position at the close of the day. The only exception to that is if the price climbed and closed above the QID Daily EMA 3 level.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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