NQ... My Bias is still short

So true. I was in the retail financial services business for approximately eight years. I’ll be thousands of products that are offered to Main Street investors. There are probably less than 100 that do anything but go long and stay long and Never go to cash.
 
John9999 said:
So true. I was in the retail financial services business for approximately eight years. I’ll be thousands of products that are offered to Main Street investors. There are probably less than 100 that do anything but go long and stay long and Never go to cash.
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Good bear market rally;
but not GE its still making lower lows + lower highs on weekly chart/close. barchart.com rates 100% sell long term; short term sell 64%.

They rate QQQ 67% sell long term;40% buy short term, 8-10 day moving average channel.
NOT a prediction; say QQQ closes down from the gap, but $171 area[200dma+ 50 dma area]QQQ is still up better than 7.77%YTD.
Bear markets rallys can whipsaw; but looks like a good upmove , in DEC-even if they sell it hard later in month, or sell it early this month.:cool::cool:
 
Overnight said:
Investors don't hedge or trade things that expire, they are long-haul longs. That is the very definition of investing, aye?

Is there any equity market index that is currently negative since it's inception?
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I see your current point OVernight. But going back thru the time tunnel,charts, even a top Trender like QQQ was negative for years, 2000-2001-2002, bear. Starting price was $50 area, upTrended to $120area, down[bear] trended to below $20.00 Numbers are not exact, but still helpful.:cool::cool:
 
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