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Strategies & Market Trends : LastShadow's Position Trading
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To: jfhh who wrote (40205)1/18/2001 8:58:33 PM
From: Daveyk  Read Replies (2) of 43080
 
You're right about the bull in gear.You could throw darts and hit winners lately but everyones still afraid I hope.I'm planning to lighten up tomorrow some as most charts I've been looking at look overbought.Many still have negative money flow and those are history first.MSFT chart shaping up nice but has resistance at 59 the BRL with PnF target only 65.Not sure what it did after hours but have noticed stocks like GX blow right by it's target of 19 so maybe this bull is for real.INTC gave sell signal today but closed up;another positive and maybe negated signal.It'd have to print 35 to give a buy signal.If we've learned anything it's that we're gonna stay confused half the time.It's those other times when we need to trade heavily.(When we think we know what we're doing)
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