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Strategies & Market Trends : The Market Beacons
SPY 665.67-0.9%4:00 PM EST

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To: Magnatizer who wrote (454)3/14/2001 9:58:36 PM
From: JoeinIowa  Read Replies (1) of 1298
 
Mags,

Maybe you could explain this statement:

Tomorrow's high/low will be my pivots for adding to the short position (assuming I build it) or going long. A close outside of tomorrow's range will dictate my action. Close above tomorrow's high: buy, below the low: sell.

Do you mean a close on Friday above or below tomorrows range would dictate your move? Does that mean you would wait until Monday to open a position?

Hawks at 1:50 tomorrow.

Joe
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