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Strategies & Market Trends : Mattie's Picks

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To: TREND1 who wrote (1)12/31/2001 2:39:11 PM
From: mattie  Read Replies (1) of 37
 
Larry,

It looks like the Comp is making lower highs and lower lows. I see from your web site you think we are in a bear market rally - are you shorting anything to take advantage of this?

I have a small short position in CIEN, but was stopped out of the QQQ's last week. I would think the 200 day MA would be good support for the comp and the 50 day for the NDX.

I also think many small caps will have a good January, and '02 - I have posted on my current ideas.

Here is chart of the comp
stockcharts.com[h,a]daclyyay[dc][pb50!b200!d20,2][vc60][iUh14,3!Ua12,26,9!Ug]

Mattie
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