There were only 3 new highs and 460 new lows in my universe of 4,000 stocks on Monday. Monday was the 55th day of the current QQQQ short term down-trend. Since the first day of this down-trend on September 2nd, the QQQQ (Nasdaq 100 index ETF) has declined 37.7% and 99 of the 100 Nasdaq 100 stocks have declined, 52% have declined more than 40%. Do you see the folly of fighting the primary trend of the index? 99% of the stocks declined! Do you know how many persons are still looking for stocks to BUY??!!! In a down-trend one should be in cash or short. During this same period, the ultra inverse QQQQ ETF, QID, has advanced 87.5%. Now, that’s the way to play a down-trend!