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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (52550)7/2/2001 7:28:18 AM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill,
Shorter term MA's will more quickly respond to changes of direction. Yet, have less accuracy for longer term projections.
We are starting the week agreeing on a down move. In fact, it appears to me the NASTAQ snaffu Friday gave us an artificially high close.
The breakout gap of the island reversal is the first objective of this down move.
Skeet