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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (20690)8/26/1999 8:27:00 AM
From: Jeff Jordan  Read Replies (1) of 43080
 
I expect some profit taking today. During last nights scans one thing stuck out....many stocks moved and moved well without rhyme or reason and others did nothing. Most of the stocks that have been doing well are the ones that started their moves in the beginning of August. I still see a large number of stocks that appear to be overbought. There are a few that have not had any type of correction. So, I expect to see some very choppy days ahead. All is not blue sky! Be careful out there!

Jeff
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