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


To: lee kramer who wrote (12795)2/24/2002 8:46:59 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
DFXI, I know you guys like to trade that one but beware of any moves up this week, keep a tight stop on it. That's a big bearflag forming on the daily chart, and the higher highs of the bearflag as it forms can fool ya. But the 20 and 50 EMAs are huge resistance, a the perfect short set up when the bearflag hits them from below. Also a good short if it breaks the 200 MA daily it's hanging on too, barely.
If it breaks that, around 27, that's the bearflag breakdown right there.

Looking at stocks for swingtrades in my IRA. I think I'll leave it in CASH!

Sheesh what a mess out there. Even PNRA, the stock that would not stop has cracked.