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

To: Chris who wrote (8616)6/6/2001 10:54:41 AM
From: TechTrader42  Read Replies (4) | Respond to of 52237
 
I don't think the coast is entirely clear for shorting QQQ yet. We'll know it when we see it. I'd like to see it closer to 50, too.

But whatever. Edgar Cayce couldn't use his ability to see the future to gamble, and neither can I.



To: Chris who wrote (8616)6/6/2001 11:20:16 AM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
I see ENE came to nothing, at least so far. XOM getting killed, too, with today's news:

NEW YORK (CBS.MW) - Crude futures tumbled to their lowest level in six weeks Wednesday in reaction to data that showed sharp gains in U.S. petroleum inventories. Oil issues followed suit.

On other matters, note that the TRIN is bearish for the NYSE now, and somewhat (barely) bullish still for the Naz. That's my reading with other breadthalyzer indicators, too.


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