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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (3951)1/19/1998 8:06:00 PM
From: Saulamanca  Read Replies (1) | Respond to of 7396
 
Mark,

This week could be a turning point for the market.
The Nasdaq with a double bottom at 1465.
The Russell 2000 with a double bottom at 405.
Both with descending triangle patterns.
In the heart of earnings season.
It should be an interesting week.

There's a lot of money waiting to get back into this sector, short term the momentum is up, that's why I'm long.

Jim



To: TATRADER who wrote (3951)1/19/1998 9:19:00 PM
From: LzzrdKing  Read Replies (1) | Respond to of 7396
 
Mark ITEQ announced the cancellation of the recent acquisition today. I am curious to see how the market reacts. My guess is down.


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