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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Compadre who wrote (48152)3/11/2004 4:46:27 PM
From: Michael Watkins  Read Replies (1) of 52237
 
NQ did act better all day until later in the day. I've been doing long scalps in Nasdaq futures whenever it outperforms SP - usually that bodes well for all. However NYA continued weak - left me with the impression that falling apart was not out of the question.

Sure are a lot of sectors that have very recently either a) moved to extreme highs or b) moved, tested, and failed at highs.

A bounce has seemed likely, but a rotation driven decline in non-tech seems equally feasible in the intermediate term.

One day at a time as always.
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