Buying TQQQ now

Now trading actively with intraday models (Still NOT day trading).

 

I kept buying TQQQ on it's way down . Still loaded up Wednesday pre-market but the market was tepid.....don't know if Friday will be any different.

 

The day after Thanksgiving is often hard...I would not try to catch that falling knife and wait for a confirmation...

 

https://www.marketwatch.com/story/h...aves-before-and-after-thanksgiving-2014-11-24

https://www.cxoadvisory.com/4366/calendar-effects/stock-returns-around-thanksgiving/

futures looking bad

https://www.investing.com/indices/nq-100-futures

 

The rest of November should be good. There are big flow from pension funds as they have to buy into equities to maintain the allocation ratio.

 

futures say it's gonna be red for the nasdaq so far....still your model shows long?

 

yes, both daily model and intraday model point to UP. Furthermore, the model score goes up to 1 from negative. Rally is on the way.

 

Might want to hedge it...

 

So far so good. Entry was close enough for government work!

 

Hope everyone see my words in the previous post.