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Strategies & Market Trends : The Thread II

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To: JeanD who wrote (7233)	11/3/2002 12:56:31 AM
From: Ian McGuire	Read Replies (2) of 9026

"..I've got my finger on the sell button again though because it doesn't feel right somehow..." shrewd as ever jeannie....despite my bullish posture we discussed back in early october, things are indeed getting strained here.....1390 (not sure of exact # - dont have charts up) should be a formidable obstacle and definitely aug/22's 1425 threshold will not fall without effort; volume is underwhelming...new highs nowhere near where i would like to see them ...this is without question a time to exercise caution if initiating new positions and also a time to be trailing up stops and consider taking profits on existing positions....a nice retrace is looming...i

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