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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: drsvelte who wrote (22320)7/26/1999 3:52:00 PM
From: Johnny Canuck  Respond to of 69967
 
Thanks Doc,

Scarely isn't it. I won't be going long anything till I see the indices stablize more.




To: drsvelte who wrote (22320)7/26/1999 3:53:00 PM
From: Clint E.  Read Replies (4) | Respond to of 69967
 
Doc/Harry, I will wait until tomorrow. Even if gap up tomorrow AM, we should close the gap and go a bit lower before coming back up...

I got out of my three longs on Friday morning. Recently, fading the gap(up or down) in the morning has been quite effective.