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Strategies & Market Trends : Market Direction Predictions and BS guesses
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To: fut_trade who wrote (208)6/22/2000 2:34:00 PM
From: michaele23   of 234
 
I'm not doing TA, although I look at it, but I see what others are thinking on a lot of boards and newsletters (which is why I like this board so much!), what the newsletters are saying (I check about four a day, like Thompson I watch) but mainly I watch prices on a few key stocks quarter point by quarter point, and one can really get a feel from that about strenght and weakness in the market.

I thought we would sell this am if we went up yesterday, because that is the way the market has been since May 30, a see saw back and forth with a moderate up trend. We have had five good days now so we are due for a pull back, and if the market trend continues we will see some upward pressure tommorrow after today's sell off. I am strictly talking about the Nasdaq, I don't trade on the Dow.

I probably won't be back til later because I need to watch prices the rest of the day.
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