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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

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To: - who wrote (76)5/21/2001 11:27:48 PM
From: OZ  Read Replies (1) of 565
 
Today was a major technical breakout in the Nasdaq, as the critical 2230 level marking the highs of the trading range were taken out decisively

Not to mention that we took out the long term trendlines on
both the SP's and the Compx. when viewed on Log charts,
which I think are more accurate when looking at a long term
trend. We are either going to watch the Naz "do the undoable"
or are getting set up for the ultimate failure at this point.
Thank God we are traders and will take whatever comes along.

Oz
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