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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?


To: yu who wrote (160)2/15/2000 12:21:00 PM
From: donald sew  Read Replies (1) | Respond to of 428
 
Yu,

>>>> So I assume you will exit the USPIX today? And are you going to add more to <<<<

What is really interesting is that I have another 3-DAY PATTERN, but this time it is to the UPSIDE and its on the DOW. If the DOW closes relatively flat (+/- 50 points), then today would qualify as DAY 2, and tomorrow should be a good up day, similar to DAY-1(MONDAY/75-100 points or more). ITs PING-PONG TIME... gggggggggggg

If the DOW does bounce tomorrow then we could also see some sort of a bounce in the NAZ/NDX, so I will probably be closing some of the USPIX positions today, if the NAZ/NDX closes near the intradayy's lows.

I dont know if I will add to the existing UOPIX position only because we are taking a conservative stance. So should I become aggressive or remain conservative. gggggggggggggggg

seeya