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


To: Susan Saline who wrote (10436)3/11/1999 5:12:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Mutuals

If the SPX continues up past this point, then I will reenter the mutual funds. However, we are at some risk here of the market cycling back down again in the continuig bounce in the horizontal correction. If a breakout occurs, its a long signal, if it doesn't, then we have another 4-5 days of retracement before us.

After reading through all the posts from 11 on, it looked like although there was a lot of strength in the large caps, the mid caps faltered some. I haven't checked the volume yet, but my guess it was about average based on how the morning was going.

I'm out of town from tomorrow morning through Sunday night, so no watch lists or other stuff, although I will check for messages later tonight.

lastshadow