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Strategies & Market Trends : Trend Setters and Range Riders

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To: SusieQ1065 who wrote (4674)5/2/2001 12:35:40 AM
From: Susan G  Read Replies (2) of 5732
 
Gee everyone's up tonight <g>

MACR is my number one to watch and trade tomorrow, it's totally forgotten about lately and could make a really nice move.

Lots of POS stocks moved big today, RAZF and RRRR both more than 25% so I was thinking IVIL, HOTJ, SQST and TMWD may move pre earnings also, they are beaten to death.

The big moves on the POS stocks got me thinking about how they always seem to move right before a top.

This market feels like a trap to me though, I think the sell programs will hit at 11k on the DOW trapping all the longs who ran to catch the recent ride. And I'd be really surprised to see the compx take out the overhead 20ema on the daily without a little rest and consolidation first. And I still think the lows need a RETEST <g>
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