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

To: Johnny Canuck who wrote (28505)	9/28/2000 12:24:07 AM
From: Johnny Canuck	Read Replies (2) \| Respond to of 68066

Now, that is interesting! You don't often see all three indexes whimpering in the corner like this. These tight ranges imply an explosive move is likely to happen, and it will probably come tomorrow. Most likely direction is still down, but if you are watching the market and see a strong move up through our key levels of Dow 10,700; NAS 3,700; and OEX 760, you have very high odds of a bottom being discovered. Close shorts and go long - WITH stops at the same levels (yes, we could get whipsawed). trading-ideas.com