Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (95)	1/24/1999 10:55:00 PM
From: Mark[ox5]	Read Replies (4) of 779

Hmm.. just looked at a chart for the Dow Jones tscn.com This is only the 2nd time since July we have hit the 50 day moving average. In July, you know what happened soon after; in mid December we bounced right off the line strongly. Now the question is, what do we do this time? Granted the NASDAQ is no where near its 50 day, but SP is only a 25 point loss away from touching it's 50 day as well. Just be careful keep your triggers a bit shorter... hopefully we bounce, but be prepared in case we don't; our next stop on the DJI would be in the 8700 area. Mark

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