Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 693.93

+0.5%

4:00 PM EST

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To: MeDroogies who wrote (30194)	2/13/2003 6:06:36 PM
From: Dr. Stoxx	Read Replies (2) of 39683

I'm a bit upset about D...we had a nice bucker+ gain on that early, and then it reversed big time. But I don't see it going over the 20/50MA's which were resistance today and have converged. Still I want to scalp out tomorrow as well. Futures are slowly selling off here, and I suspect the rally today was a headfake going into tomorrow. But we shall see. Normally I like to fade market extremes like we see now...but the reasons to go long (and there are a few decent economic reasons to do so) pale by comparison to the background anxiety our nation is in...GOT DUCK TAPE??? TC

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