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Non-Tech : The Critical Investing Workshop
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To: kokomama who wrote (1400)1/27/2000 10:51:00 AM
From: Jim Willie CB  Read Replies (1) of 35685
 
for IRA type accounts, selling some (like margin shares), might be wise to unload some shares if and when we see a short cover reflex rally... that is days away and I expect 140 to be a brick wall, with 30day Moving Avg at 145? there also to resist

for trading accounts, even though hedging opp was missed (me too) at 170, at 160, at 150... if might be wise to hedge some or all at 140-145 if we get there on reflex rally... I think we scrape back to 120's again soon

my main big concern now is seeing our Moving Averages cross downward, namely a MACD bearish crossover... that might happen on the next down move after the reflex rally... such a development might signal stronger selling down into the 120 support level

gonna be tough for the next couple weeks
attacks are expected
/ Jim Willie
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