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Strategies & Market Trends : Sharck Soup

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To: JRI who wrote (15616)	4/10/2001 3:25:56 PM
From: marc chatman	of 37746

don't really have a number in mind. i thought the upper bolllinger bands for now might contain the dow and spx. i currently have the upper bb's as: dow: 10,154 spx: 1,189 the 15 minute charts appear to be setting up for a nice pullback, if we can make marginal new highs here at perhaps around 3:30. but i'm a bit concerned about the 1 hour charts which still look very strong. the strength of this rally and the mass psychology of the bulls willing to throw money into this market have me holding off from adding new put positions.

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