Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 686.96

-0.1%

Dec 30 4:00 PM EST

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To: Caroline who wrote (2867)	2/6/1999 10:41:00 AM
From: Caroline	Read Replies (1) of 39683

OK, trading week starting February 8, 1999 picks. MMM short if it hits $79 or $80 (currently $78 3/16). Target $75. Secondary target $70. timely.com GE Note I've changed the shorter MA to 50 from 40. I don't find this chart all that obvious for a short or a long: timely.com There's a perfect 4-point line of support (connect the last 4 low spots on the graph). But GE is also top-heavy. It knocked on $108 twice and failed to penetrate. I would be interested in opinions on this one. More tk, next message. CB

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