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


To: MeDroogies who wrote (26023)9/10/2002 4:34:38 PM
From: MeDroogies  Read Replies (1) | Respond to of 39683
 
With the Dow over 8600, next inflection point would seem to be about 8720. If the Dow breaks out early tomorrow, I think that will fall by the end of the day. The question becomes what next?
There could be enough strength to carry it through to 8900-9000, but I'm skeptical. If it does, that is extremely bullish and I'd look for it to go higher still.
But I will probably start shorting it around 8800...we'll have to see.

TC, thanks for intoducing me to Diamonds....