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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (11410)	2/6/2001 9:41:32 PM
From: Chris	Read Replies (1) \| Respond to of 12039

if possible, short on trendline break (better make sure you have some valid lines) and always have stops.

To: Michael Watkins who wrote (11410)	2/8/2001 9:05:54 PM
From: Chris	Respond to of 12039

on my current short on qqq, i didnt short on break of trendline. i shorted on the failed rally to touch the broken trendline from the underside. i will have chart tonight covering short qqq tomorrow since i see a falling wedge. this market requires you to be NIMBLE.. i sold my DIA's and quickly sold my small long qqq to go short qqq. VERY nimble reaction (but all planned beforehand to avoid the emotion factor)