Thursday, February 25, 2010

Market down until end of March

I now own QID at 19.8 in several accounts.
I will add more on rallies.
My 2 month target for QID is 22.5
I think the SPY may decrease to 104.0 .  It is now at 109.4

Trends will last longer than you think.
The trend is your friend; stick to it.
STAY WITH THE TREND UNTIL PROVEN WRONG.

Only time will tell if the trend is still down.

This is not investment advice, only my opinion.  I take no responsibility for gains or losses except my own.

Wednesday, February 24, 2010

Markey may rally for 1 more day then DOWN

I now own QID at 19.8 in several accounts.

Trends will last longer than you think.
The trend is your friend; stick to it.
I think the SPY may decrease to 104.0 .  It is now at 110.7
STAY WITH THE TREND UNTIL PROVEN WRONG.

I may be proven wrong on Friday.  Only time will tell.

This is not investment advice, only my opinion.  I take no responsibility for gains or losses except my own.

Trend is now DOWN

 SPY
The trend is now DOWN
I will be using any rallies to buy short ETFs ( QID, SDS).
Trends will last longer than you think.
The trend is your friend; stick to it.
I think the SPY may decrease to 104 .
STAY WITH THE TREND UNTIL PROVEN WRONG.

This is not investment advice, only my opinion.  I take no responsibility for gains or losses except my own.

Sunday, February 21, 2010

Trading ETF

SPY
Current Market Trend UP
Trends will last longer than you think.
The trend is your friend; stick to it.
I think the SPY may increase to 114 before correcting.
STAY WITH THE TREND UNTIL PROVEN WRONG.

This is not investment advice, only my opinion.  I take no responsibility for gains or losses except my own.