Cruel Joke
The Qs have been in clear
downtrend mode this morning, and despite
the gap down and cruel April Fool’s joke on Friday longs, have offered multiple
pullback entries along the way from which to profit. Pace has been a bit spotty
and liquidity thin at times, so entries close to trade premise supports have
been critical to carve out low-risk profits and stay out of the whipsaws.
So long as the Qs hold south of what had previously been Friday hourly support
(1450 on the futures, or approximately 35.90 on the Qs), I’ll remain short
biased.
Monday April 1,
2002 12:00 P.M. ET
The QQQ
school continues to be up and running nicely, and I appreciate all of the
mail in support of the effort, including this note I received over the weekend.
"I just had to write and tell you how terrific I think your simulator
is! I had just recently picked up the Q
Video Course, which I also thought was fantastic, but the simulator is
phenomenal. After viewing the video I was tempted to write you and ask if you
would consider doing another tape with live trading only as a complement to the
video, but then the simulator comes out and that’s essentially it! What a great
idea…it has helped me immensely in putting it all together. My compliments on
a truly great product!" R.F.
Good Trading!