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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (48462)4/2/2004 1:13:38 PM
From: Michael Watkins  Respond to of 52237
 
Yeah. Last 10 minutes I took it all of the table in two lots.

edit: still holding my slow moving SP500 and Canadian mid cap; might turf the Sp500 depending on days action.

I may also re-enter the Nas depending on test of the morning high. Probably will do that on smaller size now.



To: Compadre who wrote (48462)4/2/2004 1:34:29 PM
From: Michael Watkins  Respond to of 52237
 
Gone from 70% invested to 15% now. Closed out all QQQ and SP500 (I trade a Canadian derivative of SP500 that meets our foreign content regs for registered accounts).

Had all the good news come out last week off the lows, I would have held. Now it may be a sell the news thing. It has gone up for what 7 days in a row...



To: Compadre who wrote (48462)4/2/2004 1:50:41 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Yup. NYSE upside volume is less than 70%. Interest-rate sensitive stuff must be getting hit.