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

To: Jeff Jordan who wrote (13229)3/1/2002 1:40:57 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
I am short the NQs now, they failed to break 200 MA resistance right below 1419. I will cover if they break it and hold, or if they suddenly dip. Also the VIX is now reversing.

I am very patient and am trailing my stop down <g>

BTW, huge rising wedges everywhere, the SOX having the scariest one.



To: Jeff Jordan who wrote (13229)3/1/2002 1:46:45 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
If this break of that 200 MA holds, on 30 min NQs, I'm out.

I'm giving it about 2 more minutes....

the DOW has turned down, and will be the deciding factor on whether this holds up here.

The SOX and Nas comp have DOJIS, nas on the five and the sox on the 30 min chart

The longer term the chart, the more meaningful as far as that sox doji goes

Long legged doji on 30 min NQs, could go either way


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