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Strategies & Market Trends : Befriend the Trend Trading
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: Dr. Stoxx who wrote (3093)2/16/1999 4:33:00 PM
From: Ken Adams  Read Replies (1) of 39683
 
TC,

I placed a buy stop for 7 9/16 before the open. It looked like I'd get a fill, but I had to leave and couldn't watch it. Now, I see it topped at 7 7/16 for the day, and, of course, no fill.

Now, I'm suspicious of PCMS. I use a 34d MA for my WOW charts and price has closed below that MA. Not a good sign from my experience. See this link:

timely.com

However, I left your 40 day SMA on this chart, and price is above that, so tomorrow may show signs of life. I'll look closer tonight at home. Might give it one more shot tomorrow. Good luck to you with it.

Ken
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