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late bloomer

Re: Bearmove post# 412854

Monday, 07/25/2005 9:52:54 PM

Monday, July 25, 2005 9:52:54 PM

Post# of 704019
<<< still short QQQQ and plan to hold.... many will take profits as earning season ends >>>

I concur! I too am comfortable with my QQQQ short. I too see a round of selling coming as we close out earnings season. I'm also still short HPQ - a little early - but I'm convinced the high expectations are due for a serious reality check.

However, I do think the "Q2 earnings are in, now let's worry about Q3" bottom will be a good buying opportunity for an EOY rally.
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