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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (39100)12/22/2000 3:29:50 PM
From: donald sew  Read Replies (5) of 42787
 
Took some profit and closed 1 UOPIX(long-NDX) position in our WEBSITE mutual fund account. I did not take profits since I feel that the market will reverse with conviction, just like taking some profits. Still long with no hedge to the short side.

If the NDX does close near its highs, it would be a WHITE MARUZUBO, which is a sign of continuation. However it is also common that the day after a MAROZUBO is slightly down before the buying resumes.

Havent decided yet to take any profits in my personal account, since Im more aggressive with my own account.
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