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Strategies & Market Trends : gary smith shorts and longs

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To: Fortinwit who wrote (376)2/15/1999 11:25:00 PM
From: drsvelte  Read Replies (2) of 430
 
F.

Oh my, Fort, we done blew it on PDX!

Anyway, for Tuesday, despite the current positive numbers on globex I am going to limit my trades to the short side. Market internals are just too ugly.

1. JMED Nice crack down on 3X volume. No strong support 'till about 24. IBD numbers[32,NA,D]

2. FMO Support for FMO at about 50 IBD[55,B,E]

3. SNRZ Lot at BOP for a divergence. IBD [72,C,C]
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