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Strategies & Market Trends : Befriend the Trend Trading
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Mike Learner who wrote (4040)6/2/1999 2:24:00 PM
From: Dr. Stoxx  Read Replies (1) of 39683
 
Mike,

LSI looks good. The high of mid-May was due for a sell-off according to ROC...and the divergence between price and Stoch. shows the rebound to be a strong one.

PS: check out the 5-min. chart of AMTD. What a great day to daytrade it! Nice easy turns. Simple trendline to get in and out. Looks like it is setting up for a selloff....or maybe it's going higher. A great stock to "practice" on. Wish I had Level II.

TC.
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