Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 674.96

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To: george1204 who wrote (4722)	9/13/1999 1:54:00 PM
From: Dr. Stoxx	Read Replies (1) of 39683

george, Looks like GNSS has had positive money flow today, as predicted, trading as high as 27 3/8. Which raises a solid TA principle: the 60 min. charts often reveal reversals of direction in the general trend, moments, that is, of profit-taking or short-covering before the trend resumes again. Some may want to exit a trade at that point, while others, longer term traders, wait for the dailies to confirm. Did you get in this moring? TC.

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