Tuesday, January 17, 2012

The Black Box Sell Signal (Follow Up)

So, the Black Box gave a sell signal on the $QQQ Friday.  The market gapped up today, pulled back, and rallied into the close.  I didn’t think it was a strong day.  That being said, the market is up the day after the Black Box gave a sell signal.  That doesn’t happen very often. 

But, it does happen. Of course it does. 

I am still 100% long.  With sort of a mental stop.  No reason to sell if the market keeps moving higher.

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