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Strategies & Market Trends : Dow Dogs, Foolish Four and other market-beating strategies

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To: Paul Shread who wrote (10)7/17/1999 7:41:00 PM
From: chartseer  Read Replies (1) of 82
 
Shread"s Thread:

I do not have an indicator for the NAZ as my indicators are based on hand charted point and figure chart patterns and moving averages. I do follow QQQ though. MUT and DJIA gave sell signals but they are for short term trades only as they can whip around instantly. QQQ is in over bought territory and should be sold but I ve been burnt here before trying to jump the gun on a sell signal. Since I use short term options it is helpful to sort of jump the gun when in over bought territory but you sure can take your lumps too.

then again what the heck do I know?

chartseer
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