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Strategies & Market Trends : Buying SPLITs and other Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Rextar98 who wrote (343)5/17/2004 9:27:26 AM
From: Terry Whitman  Read Replies (1) | Respond to of 1163
 
System Update
Tuesday-Friday system: Closed short position on friday afternoon for a +1.5% return on the trade. YTD rtn +0.5%

TRIN 4/21 system has moved to a SELL. Will report returns after opening numbers.



To: Rextar98 who wrote (343)5/17/2004 10:50:36 AM
From: Terry Whitman  Read Replies (1) | Respond to of 1163
 
Divergence Noted: As index prices approached/broached new YTD lows this morning, we should have seen a huge increase in the New Low list. Hasn't happened. Less than 100 new lows seen today so far..
finance.yahoo.com

It seems that holders are no longer accepting lower prices for their stock sales. A Bullish divergence. We've probably seen the lows in price on most stocks.

New Moon tomorrow, BTW.