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


To: GROUND ZERO™ who wrote (4552)1/2/1998 11:48:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
mkt comments GZ,

we looking ok? i think we are just tinny overbought, thus slow price moemvent today

however, im looking to see naz taking out 50 day ema and djia breaking above my red downward trendline.

no luck so far.

i also wouldn't be surprised if we retraced and then go full speed rally. not out of the question..

but so far, green light on mkt direction system so i know overall "health" is good. but still wary of 1st Q earnings coming up. I might also tighten sell stops/no buys when important earnings start coming (big techs)... just to be safe.

Chris