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.

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