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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (3873)3/24/2004 4:07:10 AM
From: Ron  Respond to of 5125
 
I'm going to try some small bounce/swing plays here soon, maybe even today in some of the big techs. With so many people upset with the markets I am betting there'll be some buying at the 200-day moving average point. We're already there in the NDX:
stockcharts.com[w,a]daclyyay[db][pb50!b200!f][vc60][iLa12,26,9]&pref=G
Almost there in the COMPX:
stockcharts.com[w,a]daclyiay[db][pb50!b200!f][vc60][iLa12,26,9]&pref=G
Will use smaller positions and very tight stops though. If they go against me, will get out fast, since it's still a ways down to major support. Looks like we are right at some minor support anyway.