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

To: Challo Jeregy who wrote (16849)	5/6/2002 12:15:54 PM
From: Susan G	Read Replies (1) \| Respond to of 26752

that's a famous setup of Linda Raschke's and Larry Connors same thing as whacking the backside bounce to the EMAs as OJ taught me so well how to do <G>. Works the best on the 30, 60 and especially the daily. The daily EMA on the NQs is way way up at 1307, so that's a BIG topping target on any rip roaring rally... and of course, it's dropping daily lately selloff on the NQs here, on good vol as the SPs crack there are bearflags on SPs and DOW here nas still in the triangle after faking out to the upsidefeels like it's being held up by the semi squeeze, dow and SP so much weaker