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


To: shasta23 who wrote (24220)11/5/1999 5:10:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69906
 
Stefan,

JDSU moving up on declining volume. Let's see if Mattie's scan technique works in reverse.

In reference to periods in the market where the trend is less clear,
Zane's technique of being long and short stocks where the gain/loss
levels based on support levels offset each other is worth considering if one does not want to be out of the market.

Also, keep this in mind for the coming weeks. To paraphrase one of Autumn Henry's post:

"How are we going to have a Christmas rally unless the market tanks."

What is in question is the scope of the pull back in the next few weeks.

Harry

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To: IntelligentSpeculator.com (69410 )
From: IntelligentSpeculator.com Thursday, Nov 4 1999 11:41AM ET
Reply # of 69866

JDSU - Some thoughts on today's price action:

JSDU forming a black hangman after an announcement...

intelligentspeculator.com

Big black "sore thumb" and a failing bounce so far topped by a harami over the past two bars. Its the moment of truth for JSDU.

intelligentspeculator.com