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Non-Tech : Raptor's Den

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To: velociraptor_ who wrote (72)3/7/2002 8:38:03 AM
From: JRI  Read Replies (1) of 10157
 
Velo- Looks like a decent gap up this morn....how does this change the outlook? I guess 10,645 comes into play, and 1925 as well..

Interestingly, the 200 MA for COMP is at 1907, and I've been thinking all morn we get there by gap or early surge...figure move will stop, pause retrace either at 1907 or 1925 this morn for a good bit...

Despite potential breakouts all over, I think only one other time (if that) since the September lows did we have 5 consecutive up days in Comp (so a down day today or Monday would expected), and you noted (also) lower volume previous 2 days..

I am thinking on legging into some shorts on any surge after open...won't be a hero, and will take profits early
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