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IBDvalueinvestin (99.69)

Took Underperform Position on over 30+ Bear etf's

Recs

5

September 13, 2012 – Comments (4) | RELATED TICKERS: DIA , QQQ , SPY

just ahead of the QE3 annoucement today.

"Had very strong indication that it was happening"

4 Comments – Post Your Own

#1) On September 13, 2012 at 3:29 PM, chk999 (99.97) wrote:

Nice trade.

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#2) On September 13, 2012 at 9:32 PM, awallejr (85.43) wrote:

I was thinking the same but then there is that 7 day hold rule and we are so due for a correction at least.

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#3) On September 14, 2012 at 12:32 PM, IBDvalueinvestin (99.69) wrote:

awallejr thats what people thought when the market rallied for 6 weeks ahead of QE2 and then saw the market rally another 8 months straight with no real pullback till May of 2010.

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#4) On September 14, 2012 at 2:29 PM, awallejr (85.43) wrote:

Oh don't get me wrong I think the market will go even higher, I just think it needs a 3-5% correction to consolidate the gains.

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