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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades
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To: Jenna who wrote (524)6/4/2001 1:01:35 PM
From: Jenna  Read Replies (2) of 1227
 
CMVT looking for another short, QLGC looking to take out 50.275 to the downside for a possible reshort. We are in the doldrums not much trading here, but looks like more weakness might be anticipated in the 2:00 reversal period. No rush QLGC and CMVT look to take out 20 period moving average on 5 minute chart. We should get another beefy short by 1:30 to 2:00. Either way we follow the reversal periods. Trades don't last all day, but if we can get a short through 1 or 2 reversal periods, that's quite a lot.
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