|
PureBytes Links
Trading Reference Links
|
1.The general rule: "YOU CAN USUALLY BREAK THE
IMMEDIATE PRECEDING LOW,BUT YOU WILL NOT BREAK THE SECOND PRECEDING LOW BACK IF
THE TREND IS LEGITIMATELY UP"(not meant as shouting but for
emphasis).
2. Watch for head and shoulder pattern if reversal
occur to define your entry for your short position or closing the
long.
3. Remember 5/23/2001 still falls within 1 trading
day of 5/22/2001.
4. I still favor continuation of the trend up and
tomorrow will be another trading range day based on last NASDAQ behavior on
5/17/2001 and 5/18/2001.
Happy trading :-)
Haytham
Yahoo! Groups Sponsor
www.
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
Attachment:
Description: "5-22-2001 NASDAQ.gif"
|