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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (79295)8/19/2003 7:59:32 AM
From: Jerry Olson  Read Replies (1) of 209892
 
actually i am short 3 positions as of now. and will watch the action for the week..we are very overbought here short term, i think we'll correct, i can either exit or add.. depends...hmmm i may needs depends<VBG>

the COMPX---SPX---NDX have not broken out on P&F..the SOX did at 415...and so did the DJIA at 9400, we need confirmation of those breakouts or they will fail.

so if we continue on up so will I...i can scalp all the way which ever way they wish to take me.

i do not like the complacentcy or the euphoria out there...
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