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


To: TraderXx who wrote (4069)6/4/1999 8:22:00 AM
From: Dr. Stoxx  Respond to of 39683
 
TX,

SFE is now in a BTTT downtrend with the establishment of a lower low. But unless you play it for momentum, BTTT would consider it too high risk to short now. It would want to wait for a rally, and then short on continued weakness.

But my guess is that it is good for a couple more points at least, if the market too is weak.

TC.