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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (38896)	2/19/2003 11:01:39 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 71338

Hi Tim, I am expecting more downside also. The T2113 indicator at 50 was a resistance level, so I expected the current market bounce. I would expect T2113 needs to test the 70 percent area before the market is ready to move up significantly. >>Personally the way I'm trying to play this is to focus on >>a few down trodden stocks and when the market really >>PUKES jump on for decent % gains. Of course this is also >>a high risk proposition. No doing anything yet. I need to catch up on some fundamentals. My strategy is similar, but I am looking for stocks that have had good relative strength during the current sell off.