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Strategies & Market Trends : Groundhog Day
QQQ 608.89+0.6%Nov 25 4:00 PM EST

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To: Jorj X Mckie who wrote (2941)5/3/2002 11:53:45 AM
From: Don Pueblo  Read Replies (1) of 6346
 
My RSI buy signal, long term signal, on the COMP will trigger only if this down move stops right where we are.

I don't think it's going to happen, I think MSFT is going to go below 50 and take the rest of the techs down with it. BRCD will slide down from 22, a Nessie pattern fully formed up.

I'm trimming shorts and exiting puts and buying back covered calls on this move down right here. Even if the RSI buy signal doesn't form.
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