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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (17059)9/4/2002 9:27:38 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 17639
 
Thanks.
I am seeing what you mean for using them for longer position
trades.

I ran some brokerage firms through the P&F chart service
software you sent. (GS, LEH, JPM, MER, C)
(Shorting brokerage firms for a longer term trend was an approach suggested to me that I have started positions in.)
All had bearish alert comments, except JPM which had a
bullish breakout.

Using what I normally use. The above stocks had slow stochastics cross downs, and seem to be failing to stay above the 50dma. The fast stochastics hit cross-ups today.
The question will these need double-tops before they fall further?