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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (8249)5/30/2001 11:50:31 PM
From: Chris  Read Replies (2) of 52237
 
im looking for a bounce tomorrow

resistance for this bounce will be the gap created today.

very short term move as im on sell signal for the market overall.

this pullback phase in the market is critical for the market. if we can do a higher low or do a double bottom on the market, then we are in good shape.

if naz/ndx continue to go down below april lows, then bear market continues.

since we wont know for sure, take the trade. have stops.

i didnt short qqq on this pullback, but will be ready this time.
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