LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (1628)	10/25/1998 2:02:00 PM
From: LastShadow	Read Replies (2) of 43080

RXSD and the Dow If RXSD can break 19.25 on some volume it should be in reversal. Its barely there now, but that was from trendlining the screen. Seems to be forming a small ascending triangle also. As for the link back to someone comment about the DOW, I have always maintained that the DOW is basically only representative, of, well, the DOW. I use the S&P500, the S&P100, the Russel 2000, the NCM index, the ISDEX (Internet sector index) as well as the Networking and Sotware composite indices. The DOW does make for a good benchmark of whenter certain industials or untilities or trans stocks are going to be going up or down, but I don't usually trade those. lastshadow

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