Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 689.52

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Jan 7 4:00 PM EST

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To: Bald Eagle who wrote (2877)	2/1/1999 10:32:00 PM
From: Dr. Stoxx	of 39683

BE, It will be once it crosses the 40MA. That line tends to act as resistance above, but support below, the price. Set a buy stop at 16 5/8, and once stopped in, set your stop 1/16th below the previous day's low. Good luck, TC.

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