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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jay Lyons who wrote (10121)3/9/1999 8:06:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Not exactly rocket science...

"Here are the technical levels that, we believe if broken, will indicate further upside or downside momentum:

Dow Jones Industrial Average - an 8% spread
Standard and Poors 500 - a 12 % spread
Nasdaq Composite - a 13% spread
Russell 2000 - a 3.8% spread on a slower moving index

Which is to say they think if it goes below 8 to 12% down from the local high it could get worse. And if it goes 8-12% above the local minimums it could get better.

Do these guys get paid a lot?