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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (46342)3/14/2000 8:39:00 PM
From: sandeep  Read Replies (1) of 94695
 
Obviously, NAZ-100 fell below 20-day ema, MSFT didn't generate a buy signal. AOL's buy is still valid. YHOO is questionable (it held 50-day though). INTC went to 10-day ema. CSCO went to 20-day EMA, something it has held since Jan 31st. Max downside to CSCO should be its 50-day ema (122.50). QQQ (211.25) could fall to 200 without violating anything. I just hope that it is a quick fall. The quick fall and a snap will not generate a sell.

If it does though, I hope I have the courage to short. The descent will be dramatic.
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