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Strategies & Market Trends : Swingtrade

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To: Brandon who started this subject12/26/2000 3:04:35 PM
From: Brandon  Read Replies (1) of 336
 
More selling. The wide range day tactic seems to be working very well today. In todays newsletter I highlighted ITWO. Other examples of this setup today are JNPR, CIEN, EMC.

Too many people still trying to pick a bottom. And, as long as this continues to occur you will keep seeing good shorting opportunities. Dont try to pick the bottom, wait for it. The market will let us all know when its time to buy again.

Lots of yacking that as soon as we get a rate cut we will see a rally. I wont count on much of one. The market is a discounting machine. That means it probably has some rate cuts priced in...not helping.

Have a great week.

B
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