nuttin goes up in a straight line either.
NAS was over bought and a retrace to the mid Bollinger Band would not be unexpected...
stockcharts.com[h,a]dhclyymy[d20010601,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
Even after the 9/21 low, the SPX had to rest some after its first run up...
stockcharts.com[h,a]dhclyymy[d20010601,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
I don't have a clue how you all do this chort term stuff... but I did a bit of selling at a higher level of a stock that is now lower and I will look to buy sumtin back should we get a decent retrace to some over sold levels.
BWDFDIK? eye yam an asset allocator (mkt goes up I sell something, goes down I buy something) and can't read da future.
K |
