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

To: Caroline who wrote (2867)	1/30/1999 9:13:00 PM
From: go4it	Read Replies (2) \| Respond to of 39683

Caroline, Based on this chart bigcharts.com it shows strong money flow into the stock. Based on that I think it is not a trap FWIW.

To: Caroline who wrote (2867)	2/1/1999 9:06:00 PM
From: Caroline	Read Replies (1) \| Respond to of 39683

HD short target $56. Down $1 1/4, $3 to go. GE short target $99. Down $2 11/16, $3 to go. C long... bull trap lock and load, support at $52, can be shorted here but with less insurance than some others on the short side. LU short target $105. Down $2 1/16, $5.5 to go. IBM long: fell today, but I see virtually no downside risk from here. In fact, if it breaks $179 on more than tape painting I would exit my long for safer ground. Sold support for a long here. I'm long C, LU & IBM. I have not done these short term plays. CB

To: Caroline who wrote (2867)	2/1/1999 9:08:00 PM
From: Caroline	Respond to of 39683

timely.com Wow. Look at INTV being support by long term holders! Belongs in a chart book! CB

To: Caroline who wrote (2867)	2/4/1999 9:59:00 PM
From: Caroline	Respond to of 39683

GE intraday short target $99 achieved: timely.com HD intraday short target $56, 1 3/16 to go: timely.com C was a bull trap for short term traders, now it's time for the FEB run? timely.com LU short target $105, hit $102 7/8 today... has now hit the 40 day MA 3 times in 16 trading sessions. Solid upward bias from here: timely.com IBM, I was wrong about support at 180, scratch as BTTT trade: timely.com CB

To: Caroline who wrote (2867)	2/6/1999 10:27:00 AM
From: Caroline	Read Replies (1) \| Respond to of 39683

Wrap up on the big cap short picks. Bear in mind I didn't do any of these plays, as I don't short when I can't watch the tape. Posted for academic purposes only. HD target $56, intraday hit 55 7/8. $6 in 5 days. timely.com GE target $99, intraday hit 96 1/2. $14 in 5 days. timely.com C long, no target. Correct about the second bull trap. Right back to support. The trend is up, but it's not a steep slope: timely.com LU to $105, intraday 98 1/2. $6 in 5 days. timely.com A WHOLE BUNCH of signals for next week, coming up.... CB

To: Caroline who wrote (2867)	2/6/1999 10:41:00 AM
From: Caroline	Read Replies (1) \| Respond to of 39683

OK, trading week starting February 8, 1999 picks. MMM short if it hits $79 or $80 (currently $78 3/16). Target $75. Secondary target $70. timely.com GE Note I've changed the shorter MA to 50 from 40. I don't find this chart all that obvious for a short or a long: timely.com There's a perfect 4-point line of support (connect the last 4 low spots on the graph). But GE is also top-heavy. It knocked on $108 twice and failed to penetrate. I would be interested in opinions on this one. More tk, next message. CB