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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Waligore who wrote (34613)11/2/2000 12:03:26 PM
From: donald sew  Respond to of 42787
 
Not that Im expecting a strong selloff, but since my short-term technicals for the overall market is in the overbought region, I will close one of our UOPIX(long-NDX) positions today if the NDX closes near the highs(website account). That would make us even with no bias.

I already took a little profit yesterday in my personal account and will do it again today.

Per my short-term technicals there is still a little more potential upside, but I like taking profits even if it is early - just in case.



To: Joseph Waligore who wrote (34613)11/2/2000 12:09:51 PM
From: Paul Shread  Respond to of 42787
 
Agreed. Probably a bear pennant, and we're close to the apex.