LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (10121)	3/9/1999 8:06:00 PM
From: LastShadow	Read Replies (1) of 43080

Not exactly rocket science... "Here are the technical levels that, we believe if broken, will indicate further upside or downside momentum: Dow Jones Industrial Average - an 8% spread Standard and Poors 500 - a 12 % spread Nasdaq Composite - a 13% spread Russell 2000 - a 3.8% spread on a slower moving index Which is to say they think if it goes below 8 to 12% down from the local high it could get worse. And if it goes 8-12% above the local minimums it could get better. Do these guys get paid a lot?

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