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Strategies & Market Trends : Technical Analysis - Beginners

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To: gonzongo who wrote (1415)	12/16/1996 9:25:00 PM
From: Sam Cohen	of 12039

To all: Re: Shorts. Okay, I guess now is as good a time as any to bring this subject up, with the market certainly not doing much in the way of moving higher <g>. Step one: What are some good ways to identify shorts? MA's crossing the "other" way? Hi RSI? etc... Step two: Exits on shorts. What would you use to cover. The same signals? SAR turning +? Is every "short covering" signal a buy signal? Currently I am short EAGL @19 3/4. The chart to me shows no signs of a turnaround, and no support anywhere. I can wait for RSI to cross above 30. I can wait for Dahl's to cross 1. I can wait for the 5 dMA to go through the 13 dMA. Anybody care to share their thoughts, which indicators they have used etc.? Sam

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