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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Chartgod who wrote (33352)1/7/2000 9:06:00 AM
From: Magnatizer  Read Replies (1) of 79230
 
Jim

since NITE is such a new issue I do not have many mags to work with. I usually like a minimum of 3 years data.

What I do have in the area is horizontal mags at 25.25 (neutral zone), 37.875 (quarter zone), 50.50 (weak), 51 (regular).

Best entry for short mag wise is 50 area. Currently trading in no mans land and still has higher local low. I still think its a risky short here.

ht
david
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