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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (15551)6/15/1999 1:16:00 AM
From: BoNg-N-BoNg  Read Replies (1) | Respond to of 43080
 
>>> Short if you want (and congrats today) but I'm keep that covering finger on the mouse cause this slide could stop any minute and when it does - look out above - especially if.... <<<<

Hold that thought for awhile.. I expect about atleast 2 weeks more of horizontal trading until the Fed's FOMC at the end of the month and earnings prewarn be gone... by then, we probably have some summer rally until the next FOMC meeting in Aug...

re: AOL - looking for daytrade...more likely to hit the low around or near 87.5 (50% retrace) and go long after that but will not keep overnite until atleast after CPI report on Wed...

just a thought..
eL..