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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2550)1/6/1999 9:39:00 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
2 LONGS AND 2 SHORTS TO CONSIDER TODAY:

Given the nature of the market (we ought very soon to be reaching a top, yet do not want to miss out on this great bull run in the big caps), it seems best to play from both sides, at least for now.

With that in mind, consider:

MUEI and FITB long: (MUEI timely.com

NKE, SLVN short

All are showing either mini or classic BTTT signals, and all trades are more or less with the dominant trend when seen from a longer perspective (weekly charts).

These are meant to be short-term trades with tight stop losses in case they do not work out. Best to wait until about 10:00 to see in which direction they are moving. Get out with 4-8% profit.

TC.