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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.88-0.3%Jan 30 4:00 PM EST

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To: xcr600 who wrote (24349)11/10/1999 11:46:00 PM
From: shasta23  Read Replies (1) of 70325
 
Mr.Snowmobile!

Interesting list of parabolic moves you're bringing up there. Not my cup a joe but always want learn something. Are you daytrading these and you bet on continued momentum or are you position trading? Some of these look ready for a pullback and i would almost be tempted to watch them as short. But ik always underestimate the power of the momentum and got burned multiple times...so who am I to say that!
Just to let you know: i personally like pullback to moving averages and stayed so far away from the high flyers.

Stefan
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