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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (92318)	2/27/2004 3:22:30 PM
From: bcrafty	Read Replies (2) of 209892

mc, no moves to China for me today I'm glad that CHINA did OK on their earnings, and I'll probably move back in soon. I see they're down a bit today, and I just didn't like the way they'd been acting lately. It's as if there's some weird resistance in the mid 12s, slightly lower than last month's high, that it's having trouble with. In any event, I'll be back in that one but I just don't know when. XING is looking better than expected; I might get back in that one on a pullback. I see CYD is having a good day today after another trip to 19 on Tuesday, but I'm still not sure if they've double bottomed and are headed up or are in for further consolidation in the 20-22 range. Too busy to trade today, so not doing much; glad I missed the manufactured dump around 11:00 this morning.

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