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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Softechie who wrote (48333)3/24/2004 5:08:08 PM
From: Michael Watkins  Read Replies (1) of 52237
 
Plan? I actually added exposure in the latter part of the day. Added more SP500 exposure and went somewhat off my usual conservative scale in QQQ.

If there's a weak opening and new lows I will of course be out very quickly but will still be looking for any intraday reversal opportunities tomorrow.

So far the intraday action is at worst neutral. The NYA and INDU daily charts look horrible but I smell opportunity in Nasdaq for a change and certainly intraday that was borne out by stronger action there.
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