Putting our money where our mouth is….

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This may appear suicidal, but we took very light positions in the Qs and the DIA.  We teach our students that the least risky time to join a trend is when it has some momentum.  Now we will see how our own medicine tastes.

The trade would have been better made when the high of August was taken out.  We’ll use a money management stop here — 5%.

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