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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (8473)3/19/1999 8:07:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Hi Dennis,

I feel the immediate upside is 10,300 also, but I agree the selling can start at anytime. Actually, it really doesnt matter since its only 5-10 DOW stocks which are really moving. If one is short, just dont be short those 5-10 stocks, and if one is long be long those 5-10 stocks. gggggggggggggggggggggggg

As a strategy, I think its OK to start short positions now on individual stocks, since there are still many stocks dropping as the DOW rallied. As I have previously mentioned, its a stock pickers market on both sides.

Seeya