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Re: smaglito post# 6789

Tuesday, 05/06/2003 11:03:16 PM

Tuesday, May 06, 2003 11:03:16 PM

Post# of 13554
The problem is, I have been getting out of the way - too early! My Nasdaq Model forced me to go from 100% long to 70% on 4/17. I feel cheated!

My model will start going negative when prices begin to fall and/or my breadth indicators rollover. I don't predict markets, but my guess is (based on studying historical charts) that we'll see a broader top this time before any significant selloff.

Fortunately, I don't have to worry about any of this. I'm a slave to my indicators - I don't want to be a hero.

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