It seems we are officially in a bear market and as you can see in the table below, my positions are getting closed one by one. The system is programmed not to trade in a bear market. this is done by checking the position of the QQQQ relative to its moving average. I.e, while the QQQQ is positioned below it's moving average no buy signals will be generated. Since this is the situation for the present, I do not expect any buy signals until the trend reverses. To answer your question as to why using the QQQQ, you might want to read this post.
I'm a bit disappointed from the way last year ended for me. I had expected last year to be profitable and until two weeks ago it has, but when the Nasdaq drops nearly 11% in just two weeks, computerize systems don't have enough time to adjust. Having said that I am determined to follow the system's alerts. I found that whenever doubts starts to pervade there is nothing like watching my system's simulation results to overcome it.
Here is the status of my current holdings:
| Symbol | Entry Date | Entry Price | Current Price | Profit % |
| ARTG | 24/09/2007 | 3.00 | 3.97 | 32.33 |
| IDEV | 24/09/2007 | 6.62 | 6.22 | -6.04 |
| INFA | 28/09/2007 | 15.72 | 15.63 | -0.57 |
| LWSN | 16/10/2007 | 10.15 | 9.46 | -6.80 |
| ANDW | 19/10/2007 | 14.36 | 15.04 | 4.74 |
| AMSG | 26/10/2007 | 26.68 | 28.66 | 7.42 |
| SDIX | 13/11/2007 | 5.24 | 4.75 | -9.28 |
| CTGX | 26/11/2007 | 4.93 | 4.95 | 0.41 |
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