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Strategies & Market Trends : Befriend the Trend DAYTRADING Thread
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To: Dr. Stoxx who started this subject11/10/2000 11:31:15 AM
From: David Lee Smith  Read Replies (3) of 768
 
The MomentuMonkey Indicator has changed to SELL. The new short-term target for the S&P is 1322. Momentum has been downgraded to NEGATIVE and Valuation is NEUTRAL. Use this indicator to stay on course and give you short-term target levels. With momentum negative, expect a sharp decline in the next two to three days. Good time to initiate short positions. Use someone else's indicator to find the bottom as this indicator tends to be late.
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