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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (7937)1/11/2002 11:48:50 AM
From: Susan G  Respond to of 26752
 
MACR breakout

a ton of shorts in it too and a gorgeous daily chart



To: Susan G who wrote (7937)1/11/2002 11:52:27 AM
From: rocklobster  Read Replies (1) | Respond to of 26752
 
SO in other words,, bearflags usually resolve down right?...so you're holding your short waiting for a bigger downside move?.....I'm getting ready to go long on a bounce at 1660.....I doubt we break down to new lows right here right now.. I'm going to try to short up around 1670 if it makes it back up, but if I get the long fill, I will scalp out of it with four points as usual...it's been working well, and I don't want to start getting greedy..especially with the market in such a tight range right now..

rok



To: Susan G who wrote (7937)1/11/2002 11:56:20 AM
From: lee kramer  Read Replies (2) | Respond to of 26752
 
Nq's 1663 last as we approach the Quiet Period. The 200 period m/a on the 15 min. charts sits @ 1660...and as Susan said earlier, the 60 and 120 minute charts look like bear-flags.