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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (5800)12/27/2000 12:05:17 AM
From: TA Trader  Respond to of 19219
 
Seems very risky to be going short here. The NAZ bounced perfectly off the lower trendline of its channel and now projects to 2750-2800 with a brief stop at 2600. Today's action appeared constructive and market seems poised to go higher. As the shorts are in the techs, that is where the action should be. I went long VRTS, BRCD, JNPR, ORCL and believe it or not ( I Can't) YHOO late today.


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