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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (275)	2/19/2002 11:19:56 AM
From: Robert New	Read Replies (1) of 787

Added to the PMCS short as its breaking down out of a nice triangle. VRTS also rolling over here. Good to see us take out the recent low at 1772 and I've got the bottom of the downtrend channel now at 1720 so thats a likely target on this push down. We've also got gap support at 1760. If we take out 1720 intraday and the internals cooperate might be worth taking on a couple of longs for a bounce. Will watch and see where the VIX/VXN are at that objective...

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