And just so I can get equally bashed by putting my opinion out in public on the direction of the market, I see the Q's going a little lower on Monday, but an awesome reversal happening this week, a new set of higher Q's as Alan leaves, some chop for a few weeks, then up to 48 on the Q's by mid April. At THAT point I will go short, but only for a few months.
The play will be similar to the last week of September 2003 to mid December 2003, a time when the Q's went from 34.23 to 40.50, a little less than 20% rise in about 2 1/2 months.
I will not continue to pat myself on the back constantly if what I am expecting occurs, but will make it known when I am changing course.
The weekly stick on Q's before that rise was just as ugly as ours was last week. Dejavu anyone?
