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In response to message posted by walkerman:

"it's too late to sell QQQ AND GO TO CASH." Meaning, it's not good to sell at the bottom. Do you disagree????? He then suggested a sideways move...ie, sell the Q's and buy some quality issues. Do you disagree??????????????

1. I don't know what he said exactly about the QQQs and cash.
2. He's been saying bs about the QQQs and weakness since they broke, what, 50 or thereabouts? Total bs.
3. He's been wrong about the QQQ's for some 60 points.
4. He says he will sell at better prices during a cyclical bull. Why didn't he sell at better prices during all of the counter trend rallies?
5. He did not suggest a sideways move into better issues, he suggested parking for 31 days to get a tax loss sale BUT only if you were in a taxable account. He has advised tax deferred people to hold the QQQs since they were at 83, 71% ago
6. If the QQQs have bottomed in Bob's view, why isn't he buying them? Will the QQQ's be flatlined here forever?
7. Anyone who STILL wants to spin the UNMITIGATED DISASTER of the QQQs is insane, has an agenda, is a Bob or Bobette, wants to mess with other people for smarmy reasons.
8. No matter where the QQQs go from here, they will have broken every trading rule in the book and will always remain an UNMITIGATED DISASTER.

-- posted by ACousins