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Strategies & Market Trends : Befriend the Trend Trading
SPY 695.59+0.4%Jan 27 4:00 PM EST

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To: Dr. Stoxx who wrote (18099)5/16/2001 9:47:37 PM
From: Dr. Stoxx  Read Replies (1) of 39683
 
Pullbacks, part II (daytrading)

A consistently profitable play in a bullish market is the pullback to the 50MA on 5 or 10-min. charts. Here is a chart of BRCD, showing a nice 3-point play that occured today, confirmed by a Stoch. buy signal (note how last week the 50MA provided several really nice short plays): askresearch.com
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