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Wednesday, August 20, 2008

Stock trading: QQQQ, NQ, NDX trading (stock market blogging August 20, 2008)

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With NDX at 1900 area this afternoon, we closed the short position we last established when NDX was in the 1965 area and 1955 area ( read previous post).

Profits are 60 NDX points.

This blog posed the question of whether and to what extent one can time the stock market.

As you will read every post in this blog, you will reach the conclusion that this blog have been able to time the stock market (and other markets as well). You can add your name to the list, and if we decide to offer services based on the work of this blog, we would inform you.

In relation to other markets, you will also note that we have successufully time both the top of EUR/USD and EUR/JPY respectively at 1.600 and 1.700 areas. Most who knew about this thoughts we were insane to go against the trend, but they apparently did not think that we were going of the future trend, while they were following the past trend. In other words, a new trend starts at the end of the old trend. That is where we come in.

Happy trading,

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Happy trading,


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