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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (24372)3/14/2002 8:40:59 PM
From: Dr. Stoxx  Respond to of 39683
 
Looking at my watch list charts and seeing a lot of nice longs setting up. We are in that limbo phase right now...markets not sure whether to enter into full blown selloff or consolidation or the continuation of the rally. Many charts show bull flag patterns (a weak bullish pattern, IMO) including some of those we hold short. I may close out several of my shorts tomorrow just to lighten the load a bit. I don't like to hold more than 10 open positions at a time. Will be posting here several long trades for tomorrow.

TC