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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (35720)12/31/2001 1:12:52 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69747
 
Based on the New Year theory, the next most likely down day is Wednesday, but we want to tighten our stops for Monday's market. If we start down, I want out at 10,125. If we rally instead, I want in at 10,140, and will hold stops at the entry points. This tight range defines a clear fulcrum for this juncture. Be sure to apply the 30 Minute and Higher High Rules. (!)