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Strategies & Market Trends : FOLLOW THE GENERALS
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To: Jim Battaglia who wrote (46)5/28/2006 9:57:21 PM
From: Jim Battaglia   of 104
 
Dave Landry



So what do we do? The market has finally begun to bounce from oversold. This action sets up the indices and many sectors as pullbacks from lows. This one's a no brainer (it's a good thing, because I'm a Trend Following Moron) 1. Begin looking to (re) establish shorts. 2. Continue to honor your stops on existing shorts just in case this correction isn't over. And 3. For the aggressive, look for a shorting opportunity in the index shares, especially if they gap higher and then show early signs of reversing.
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