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Thursday, November 6, 2008

stock price predction: QQQQ, NDX, DOW, SPY, NQ Trading (November 6, 2008)

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stock price predction: QQQQ, NDX, DOW, SPY, NQ Trading (November 6, 2008):

We are at a potential point where the market may start the process to react to the recent selloff. With a QUARTER of the normal size of a trading position, we are scaling on the long side of the market. Therefore,

1:42PM: with NDX at 1241, we are scaling in on the long side of stock market (NDX, SP500, DOW trading)


Friday (November 7, 2008):

12:07PM: with NDX at 1274.ish, we are taking the position off.

Another 43 NDX points as profits!

It is now 12:25PM. NDX is at 1272.ish. We are taking a break from trading. We will check the market later, and decide then what to do if any.


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Happy trading,

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