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To: Jeff who wrote (16220)	1/3/2001 5:50:39 PM
From: Jeff	Respond to of 19297

btw...i made this post about 10 minutes before the market went ballistic..... Message 15115638 now i didn't see the big rise that was coming of course...but i did see the uptrend begin at which time i covered a short i had......and i was thinking of going long MUSE at 40......but i decided to wait a bit to make sure support held.....then i checked MUSE again and it was 42.00......so i decided to look elsewhere.....and bought some cheaper plays...... MUSE ran to 59......oh well...... the point is.....seeing that trend change at 2290 saved my butt on my short...... and thats why its important to watch the nasdaq and spx intraday when daytrading..... and always play the support and resistance breaks...... or just guess and get killed.....or get lucky.....roll!!! but in this market...you get killed more than you get lucky....

To: Jeff who wrote (16220)	1/3/2001 6:03:29 PM
From: Skycat	Read Replies (2) \| Respond to of 19297

OK..Look at XCED...if I am looking at this correctly, the Big Charts 1 month/daily shows a SAR hit would be at just under .25...it was getting close, so I pulled the 2 day/hourly on it and it looks like it hit at 11 am this morning....it had a day range of .09 to .218 and closed at .15. On the two day chart, it shows it did increase, but appears to be pulling back some at the end of the day. Would you read this as a hit that could run, or one that may be better for the 3-5-8 rule? Am I reading this correctly?