Befriend the Trend Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading

SPY 691.66

-0.1%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: smchan who wrote (9305)	8/23/2000 3:39:20 PM
From: Charles Kalb	Read Replies (1) of 39683

Thomas :Re Shorting VSEA today I would advise against it IMO unless it really begins a serious fall before market closes. Many EOD indicators are still clearly in BUY/HOLD territory. Look at Directional Movement 5-d thru 13-d, all still with positive crossover. ADX on 5-d still increasing indicating strong uptrend still in place. RSI 8-d crossed above 80 line only yesterday so there is no sell signal even with short-term RSI. I see 14-d MoneyFlow in neutral territory as of yesterday close but rising. IMO still a day or more away from a short. Charles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next