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


To: Secret_Agent_Man who wrote (41266)1/22/2001 1:25:23 PM
From: donald sew  Read Replies (3) | Respond to of 42787
 
Crusader,

>>>> I'm seriously thinking about going long the close in mutuals..... <<<<

My short-term technicals for the NDX specificly shows that we are near a short-term top, but it is also obvious and indicated in my short-term technicals that we are going thru some sort of SECTOR ROTATION, prior to today.

I went to a SHORT-BIAS in USPIX/UOPIX on THUR and caught a big profit of 17 points on FRIDAY. ggggggggg So Im thinking that with SECTOR ROTATION the momentum in the NDX is still up, so I will probably go to an even hedge(equal amount of USPIX & UOPIX) or a slight LONG-BIAS. So what if I miss the most of the downside if the pullback continues, since I feel there is more upside.