$Bpcompq is not confirming today's rally. My mid term view is neutral. Also, Dow has been strongest and made new high. $SPX is recently stronger than Nasdaq. This is not bullish sign.
My trade 1 position -- QID position, by following the mecahnical major top and bottom system was stopped out when daily 20MA of Nasdaq and $SPX were taken out. But, no new buy signal was produced from this system yet
Monday, November 9, 2009
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