steve, i follow my system...my system almost always gives me a long signal before a rally starts but sometimes it gives me a short signal before the rally is fully completed (all these are typically one day signals)...
for example..i went long eod 3/10, cash eod 3/11, long eod 3/12, short eod 3/13...so i was long on the big day 3/13 but went short early, on 3/13...
anyhow, my major concern is only this: my system works very well backtested for 1/1/2000-1/1/2003...it works not so well in a bull market period such as 1/1/1998-1/1/2000 when one should essentially be long most of the time...
so i am very confident in my system...as long as bear market continues...weekly ndx chart will tell me when the bull market is present...
of course, no system is completely static...new data may lead to adjustments...
also keep in mind that i have 2 long-only larger retir accts...in those accts being long at the start of a rally is even more important as the only other way to have profits there is using bond funds...
i am very curious what KT will do tonight as he is short qqq..
good luck
george
