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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (16029)2/18/1999 9:06:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 44573
 
Patrick

5 points per box on the SPX...it would take 1255 to break a double top, and create a buy signal, with 1275 major resistance...

todays action was just noise...did nothing on the chart..a 3 box reversal would be 1240, but i'll wait to see the whole picture tomr...

nothing has ocurred in P&F today to change anything on all the indicators...so i'm still in puts on MSFT and INTC and short AMAT, looking at 2-3 others to short...

at the same time, i like several stocks to buy for a short term pop...they look oversold to me...SUNW would be one...and ALL the internets....AMZN-EBAY-LCOS<G>-ATHM-YHOO-etc...

i'm sorta a tweenie...in between the bull/bear struggle......