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

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To: Electric who wrote (15894)9/25/1998 4:31:00 PM
From: Chris  Read Replies (3) of 42787
 
everyone:

50 day ema! for spx, dow

watch those as potential resistnace!

sold out GE today, played it several times already.
notice 50 day ema for GE is right there.

the 50 day ema might end THIS current rally (and we have a minor pullback)

good closes on DELL and MSFT and CSCO (my current positions)

today, transports were ugly. i expect a double bottom for transports (since transports are ugly, i expect the dow to follow 1-3 days later)

have a good weekend all. do note that the interest rate cut is being FACTORED into the mkt right now.. buy on rumor. sell on NEWS.
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