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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: JRI who wrote (4147)3/26/2001 11:00:21 AM
From: donald sew  Read Replies (3) of 52237
 
JRI,

My short-term technicals on the NAZ/NDX are now clearly in the upper midrange and even starting to get very close to overbought readings.

As mentioned previously, once my technicals got to the midrange I would start hedging, which I will continue to do today by adding more shorts(USPIX). Im thinking of being only 15-20% long by todays close, with the other long positions hedged by shorts or closed.
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