Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Dr. Stoxx who wrote (5095)	10/9/1999 4:15:00 PM
From: Dr. Stoxx	Read Replies (2) of 39683

SHORT SIGNAL: We haven't taken any short positions for a while (got a bit out of SEEK, but fortunately escaped before it took off), but here is a beauty. It has topped at the upper edge of its 5 month trendline, and shows a clear Stochastics overbought signal in play. Should see $10-$12 return, especially if the market gets weak. BRCM: timely.com

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