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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (31997)7/30/2002 11:54:17 AM
From: SnowShredder  Read Replies (1) | Respond to of 59879
 
Hi Jon,

I'm not sure the INDU is ready to roll over just yet, I see the potential H&S top, but the NDX looks like it wants to go higher...not to mention MSFT is still trading above it's open. Makes me think the boyz might try and close the market strong. If MSFT starts ta roll, then I'll be a believer...but if MSFT breaks 49, then another squeeze could be in effect. There is a cycle high due @ the end of the month but you only know when it happens after the fact.

One thing is for sure is that the easy pts for this rally/bounce are gone...this is comin from a guy who chose QLGC calls over MSFT calls(so I'm swimmin with the fish instead of up 100%)...lol...bwdik?

Best of luck,

SS