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


To: ViperChick Secret Agent 006.9 who wrote (8264)5/7/1998 12:10:00 AM
From: Chris  Read Replies (3) | Respond to of 42787
 
********* CORRECTION WARNING ***************

moving towards 70% cash reserves and reducing mutual funds positions by 60% for each fund.

today -- 9 day emas for indexes were broken. hang seng index on weekly sell.

mkt is now closed on the 21 day ema.. tomorrow will be important.

closest pattern im seeing is the aug 1997 correction for the moment.

any profitable trades should have tight sell stop.

stay safe all.

all my opinoins.



To: ViperChick Secret Agent 006.9 who wrote (8264)5/7/1998 10:31:00 AM
From: Chris  Respond to of 42787
 
msft filled the gap and also testing 50% fib retrace.



To: ViperChick Secret Agent 006.9 who wrote (8264)5/7/1998 10:42:00 AM
From: Chris  Respond to of 42787
 
mkt holding above 1100 and 9000 ..

msft holding abv 50% retrace level (pegged it at 83.75 on my analysis)

believe we must hold these levels (re: mkt)