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Strategies & Market Trends : Technical Analysis - Beginners

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To: DRRISK who wrote (9714)	3/4/1999 1:19:00 PM
From: shasta23	Read Replies (1) of 12039

P.S. Went short ADBE at 45. Weekly MACD gave sell signal last week -where i already shorted it from 45-39 - and the strong snap today right back to resistance was tempting. Lot's of overhead in the 45 area and additionally the 50SMA as boundary. Will set tight stop but will try to ride this one a little longer. Only drawback is that the short term indicators are by now way overbought which concern me a little bit... Stefan

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