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Strategies & Market Trends : Guidance and Visibility
AAPL 273.53+0.1%2:20 PM EST

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To: 2MAR$ who started this subject7/31/2002 4:26:52 PM
From: Frederick Langford  Read Replies (1) of 208838
 
Nikko's summary of Don's chat, from Marketswing:
Posted on Wednesday, July 31, 2002 - 1:05 pm:

--------------------------------------------------------------------------------
Chat Notes : 7/31 12:30

Daily Signals (Intraday from today)

RUT, MDY: CLASS 2 SELL

(Daily signals at yesterdays close)

SPX, OEX: Borderline CLASS 1 SELL

NAZ, NDX: OVERBOUGHT

DOW: CLASS 2 SELL

VIX: CLASS 2 BUY

Donald opened a small short position at yesterdays close. The SPX may form a Dragon Fly Doji or a Hanging Man candle today.

Donald thinks the market may be headed toward a retest of the low.

Donald noted how the market internals have remained negative, even during rally days. [not sure what he means there - maybe new highs/new lows]
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