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Strategies & Market Trends : Classic TA Workplace

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To: Rambi who wrote (5146)	6/15/2001 10:56:02 AM
From: JRI	Read Replies (1) of 209892

No Clue! Honestly, I don't like the bounce point...don't see any support there anywhere....makes me suspect that this doesn't continue up without another whoosh down.... Another thought: Given a down-trend is now established (hard to dispute), profit-taking on longs should be quick... I'd like a buy at 1974, with a run to 2000....at these levels, I suppose you have 2044 (yesterday close, to close gap down), 2057, 2078, and 2100 (don't know how valid 2057, 2078 given yesterday's action) Sorry, wish I could give better advice...you won't ever get too disappointed taking a profit....good luck...

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