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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (4151)1/23/2005 7:49:33 AM
From: Vendit™  Read Replies (2) of 8752
 
Terry,

In The Market Wind newsletter I always included a long and a short setup list of candidates at the end of each issue but I have not been scanning for shorts and posting the list on this thread. Under the circumstances and based on the chart of the QQQQ I will include a scan of short setups this week.

There is no doubt that we will get a short lived relief rally by mid-week but the trend bias is still down. You can see the support “power candlestick” on the left side of this chart where the relief rally should begin.

139.142.147.218

I will reason it all out a little later today.

Reid
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