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


To: W. Clinton Terry who wrote (4823)1/16/1998 12:09:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 42787
 
Clinton,

That's fine. Position trading is different that short term trading, as you can see. You stay with a position through some heat, if need be. The profits are enormous, the loses are cut short, generally. We're sitting right at resistance.

GZ



To: W. Clinton Terry who wrote (4823)1/16/1998 12:13:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
crucial resistance for djia is 7803. that is where the 50 ma and the top fork line...

geocities.com (not current data)

for naz , it's 1575... 50 ma is there....

geocities.com

mkt is downtrend until those levels are taken out..
im less bearish, but im not very bullish either..

very impressed with tech earnings lately.. however, as you can see, we HAVE NOT seen the full impact of asian crisis. it is YET to come.. so dont think our worries are over yet..

some strong candidates that have good momentum: DELL, COMS (bottoming/50 ma as resistance also), SUNW.

SOX index is looking to turn around as well..

So, yes, we can rally as soon as those 50 ma's get taken out..