Replies to post #22 on Larry's Market Comments at Critical Points

[cy esp]

Larry - OK, try this algorithm.

Buy 100 QQQ (and cover 100 short)when the closing price is greater than the 30 day moving average for 2 consecutive days.

Sell 100 QQQ and go short 100 when the closing price is less than the 30 day moving average for 2 consecutive days.

Assume you can buy/sell at the closing price after hours.

This technique works well during periods of strong moves like the last 3 years. Flat periods will produce negative trades.

Thanks, Cy Esp