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Strategies & Market Trends : The Market Beacons

SPY 683.47

+0.6%

4:00 PM EST

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To: Magnatizer who started this subject	5/7/2001 9:49:14 AM
From: Magnatizer	of 1298

Trades Took profits in remaining QQQ long position Added to QQQ put position, now 1/4 bucket filled. The low 1930s mag trendline held resistance thus far. Does not look like 1975 is in the cards for today at this juncture. It is quite likely 1/4 bucket is all I will get to on the short side as I have to leave mid week and won't return til next Tuesday/Wednesday. ht Mag

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