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Strategies & Market Trends : MP - Market Pulse

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To: HairBall who started this subject	8/9/2001 9:56:24 AM
From: HairBall	Read Replies (3) of 1328

NYA (NYSE Comp) <----- Testing the resistance line of its 5/22 FTC for support. COMPX (NASDAQ Comp) <----- Trading a little above the 7/24 pivot low. I will begin covering short positions this AM. I will then begin establishing long positions. Note: As the market is dropping dramatically going long before the intraday trend has obviously reversed is a high risk trade and should only be done with risk capital and by folks with access to a brokerage that executes consistently in a timely manner. And, always use stop loss points... Regards, LG Intraday short positions to be covered CEIN, CSCO, NTAP and YHOO. (Coverd GE short three days ago.) I will be establishing intraday long positions in CSCO, INTC, INTC, NTAP, TERN, QQQ and GE. Disclaimer: The above is my opinion only and I reserve the right to be wrong. Do not base any investment decision solely on any one person's views or analysis. Do your own research and take responsibility for your investment decisions.

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