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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (69616)3/26/2003 6:56:44 AM
From: Jerry Olson  Read Replies (1) of 209892
 
Morning Shack

i'm not sure about 20?..but i have a downside target of 27 very soon...both the VXN & VIX charts are negative and therefore positive for the markets going forward..

the P&F indicators are looking better here and those that wish to take longs using stops can do so...

i've talked about using ETF's or IShares rather than individual stocks...for 2 weeks now.

there are sectors making good progess reversing up and the risk reward looks good here too...

everyone of course must use hard stops..not mental ones...

later

jerry
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