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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (24478)4/10/2001 1:10:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Joe:

Bulls and Bears are becoming cautious. The Dow and NAZ are moving too much too fast going into earnings. Shorts are protecting profits as Bulls look for bottoms. LOL

I'm going into 50% intraday retracement mode for the rest of the week. Watch your moving averages for sell points, and horizontal support lines for support. Sold my EXDS 6's at 8, CSCO 13.75's at 15.50. Looking to buy IFCI in low 2's. ORCL low 14's. These are all short term trades, not long term holds.

Ken