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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (796)7/19/2001 9:49:48 AM
From: HairBall  Read Replies (1) | Respond to of 1328
 
JRI: I don't follow hedging closely, but as I stated in my earlier post this morning, I have concerns that my expectation for a decline into August is at risk.

NYA <----- Has already set a new recent high, trading above the 7/16 opening high. And, in the process is breaching the falling resistance line of its 5/22 falling trading channel.

COMPX <----- Already trading in my targeted high area for today (2050-60). I do have a back up high of (2115-30).

Prognostication time for 7/19 is over for me. It is now time to just watch the market as it is always right...<g>

Regards,
LG