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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.40-1.1%Dec 17 4:00 PM EST

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To: Logain Ablar who wrote (25414)3/1/2000 5:39:00 PM
From: Johnny Canuck  Read Replies (1) of 69088
 
Hi Tim,

Did the PnF hi-low indicator (NYSEP???) give a buy signal?

I am just curious what got you long again. Right now I am partially in cash, due to lack of value plays available and given the level of the markets, but I am also net long in a big way and running with trailing stops as opposed to being hedged. Lack of time prevents me from doing a lot of research these days too, so new idea are harder to come by.

The market tone is improving, but some time towards the end of March I expect the music to stop as the Fund managers don't have to position for the end of the quarter anymore.
It has been a pretty fantastic run though so far.
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