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Post# of 8622
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northam43

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northam43

Re: mkendra post# 8558

Tuesday, 03/09/2010 8:25:45 AM

Tuesday, March 09, 2010 8:25:45 AM

Post# of 8622
mkendra - The reason I'm selling my QID at the lower trend line is, we are still at the present time in a BULL market. Therefore, Bear stocks even when the market is going down don't fair very well. When the market makes a long term trend change on my monthly chart, I will then revert back to the upper trend line for the QID.

Does this make sense. I have data that backs what I am saying up, here on this site if you read down.

I currently have 6 QID positions, I'm hoping when the next Long term Bear market kicks in, I will be profitable in those in the long term.




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


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