CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. Message Board

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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: IndexTrader who wrote (40)	4/17/2000 10:20:00 PM
From: coug	Read Replies (1) of 306

Hi Susan, My interpretation of todays action indicated that my standard indicators used up a lot of their firepower getting us up to some SPX resistance at 1400 or so. My oscillators on Up/Total volume are starting to show Negative divergences on 15' bars. My oscillators on SPX cash barely made over the nuetral /zero zone and started to roll over. Same with Beta/Mv.. I started to see this happening in 15' bars.. Shortening things up now.. towards the close so took profits in my trading account. Now all cash there. but added NTAP to the long term acct and let it ride.. Expecting a pull back.. Since everyone is so spooked about things now. Any indicator-weakening was a good enough reason for me to step aside.. I hope you done well today and good luck. m

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