Replies to post #1142 on Ander's Market Theories (AMKTH)

[AnderL]

NDX\USPIX update.

I was a little early on doubling up on USPIX. With the gap up I felt that some sideways movement would result in a retest of that gap and a possible failure to bring NDX down to around 1590.

Many indicators over the past 3 trading days show intra day divergence from the price action. It is fully apparent that a good deal of distribution is occurring that should cause the markets to sell off to the next support level. When we do reach that support level I will exit 50% of the position to cash and look to exchange USPIX for UOPIX.