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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: Baton who wrote (365)10/9/2001 9:26:57 PM
From: moufassa7  Read Replies (2) | Respond to of 13660
 
Baton, obviously either way. The charts look like we go up. I left this morning heavy in cash. I'll see how the market opens. If we start lower, I'll go long only if 1540 holds, which is just below Monday's low. If that level holds we may test 1640 by the end of this week. If the low of Monday cannot hold, then I'll stay in cash and wait for another bottom to form. Because of this afternoons very narrow range we should get a good move tomorrow.


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