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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (15651)4/22/1998 11:50:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 68330
 
too bad we closed out our short XCIT!

you think we bounce off of 65????/



To: Clint E. who wrote (15651)4/22/1998 6:36:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 68330
 
Hi Clint -- long time since we last chatted -- though I have been following your postings on this thread

Very gutsy bunch of shorts -- good luck with them

How much are you looking to make on these shorts -- in other words, are these scalps or are you looking for rather more sizable pull-backs?

Good call on the NAZ reaching 1900; what is your price target for the SPX? Also Clint, do you use cycles in helping you establish market direction?

For what it is worth my sense is that any pull-back will limited and we'll resume another up-leg before we see any significant correction. I think that it will take some external event to bring about this correction--interest rates, currency problems, Asia/Japan, impeachment hearings, whatever.

Regards