UPDATE 04/09/09:  Gain Limit at $32.71 reached this morning on Model 2 position (entered Long 3/30/09 @ $30.29) for a gain of 8%!  Trend Model position remains open (entered Long 3/13/09 @ 28.74) for a current, unrealized gain of 14%!

UPDATE 03/30/09:  Long opened this morning at 30.29; orders entered to close at 28.78 Stop and 32.71 Limit GTC

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Action Alert: Model 2 Triggered, Short Term Model

Open Long Position QQQQ at 31.10 or better March 30, 2009!  Continue to maintain Model 1 long position entered 3/13/09 at 28.74.

Sunday March 29, 2009

*PLAY: Open Long Position at 31.10 or better.  If executed, enter a Protective Stop Loss Order 5% below execution price and Gain Limit Order 8% above execution price GTC.  Check the calculator page to determine share amount in order to keep maximum loss under 2% of equity.

Dear www.TradeQs.com Member,

Friday’s pullback towards the Q-line (shown in orange on the chart below) with light volume has triggered our Short Term Model to the Long side.  This model seeks to capitalize on pullbacks from the current trend and works with a generous stop loss of 5% making it imperative to carefully determine share amount using our calculators in order to keep your maximum loss to no more than 2% of your equity.  Also, our Model 1 long position entered on 3/13/09 at $28.74 is performing nicely (up 7+% as of Friday’s close) and is treated as a separate position.

More about our 3 Models here.

Click here for our TradeQs.com Calculators to assist you with share amount and exit prices.

*PLAY: Open Long Position at 31.10 or better.  If executed, enter a Protective Stop Loss Order 5% below execution price and Gain Limit Order 8% above execution price GTC.

Colin Moors

TradeQs.com

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