Ask DrBob Message Board - Msg: 15156859

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Strategies & Market Trends : Ask DrBob

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To: bcrafty who wrote (19967)	1/10/2001 1:51:34 PM
From: the-phoenix	of 100058

bcrafty: >>Well, I sure got suckered today. Anybody else?<< When even FLACK throws up his hands and walks away, you know this is a dangerous market to trade. I still have no idea which way we are going today??? I covered 1/2 my JNPR short at about 1:10 - 1:15 and got stopped out of the rest about 10 minutes ago. >>I'm still trying to figure out what happened. Anybody have any idea? << This technician's view is that we hit a key .618 fib retracement in the hourlies (2513) and pretty much rolled over from there (2522). This was the next resistance area that I mentioned in my post to you this morning. Be careful out there, Phoenix

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