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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 686.10-0.5%Feb 4 4:00 PM EST

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To: Clint E. who wrote (19021)12/22/1998 8:07:00 PM
From: xcr600  Read Replies (1) of 70464
 
<< A system for those of us who work during the day but are still interested in trading. >>

Clint, I am in the same boat as you are. Looking for any input as well. I usually place my orders at 6:00am before I leave for work. Hard to read market sentiment. Usually watch CNBC for a few minutes and check overseas and futures prices to get some idea of general direction. Really hard to pick an entry point into a short if it was down the day before. I usually enter a limit order of 10-20% higher than the previous close. Has worked most of the time.

Ok, I'll bite. How did you get 2107 as the closing for the Naz? Damn near dead on.

Didn't get into YHOO today, but did get into MZOL at 10. Could have been lower, but I never expected it sell down much today (9 1/4). Looked good at the close- 11 7/16. I don't know if you use MACD, but it just gave a buy signal today. Still holding ONSL. Wish I had some UBID!! Looks like they are determined to make sure no one will ever consider shorting net stocks!

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