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


To: Dr. Stoxx who wrote (2713)1/22/1999 9:49:00 PM
From: Dr. Stoxx  Read Replies (2) | Respond to of 39683
 
Here's a possible short. Strong uptrend, that has hit a trading range. Bounced cleanly 3 times off resistance, with a rise in Stochastics (divergence). This one will follow the market. A break below support will signal an excellent shorting opp. If market resumes its uptrend, then the financials are not a good place to look for shorts.

SCH: timely.com

A similar pattern seen in C, MER.



To: Dr. Stoxx who wrote (2713)1/23/1999 4:01:00 AM
From: Bert Zed  Respond to of 39683
 
MUCP. Didn't add Tuesday, I have heard that there should be a lot of positive news next week which may explain the late rush to get in Friday. Should be an interesting week......

bert.