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


To: xcr600 who wrote (28141)9/12/2000 11:52:23 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68225
 
X,

The system is intra-day so it can change over the course of a couple of hours. But, based on the system, I would have been long the stocks with strong fundamentals in sectors with resonable visibility or recent good news that I felt was not reflected in the stock price. You would keep a eye on the next support level on the COMPX, a break would take you out of longs with a re-entry with a break back above.



To: xcr600 who wrote (28141)9/12/2000 12:35:31 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68225
 
COMPX signal now flat. Would take profits if day trading at this point. Index is having problems with the resistance level at 3950 from yesterday.