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Strong retracement, both models on sell now.
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, February 01, 2002 9:32 AM
Subject: Re: [RT] nasdaq 100 /sell
> Wednesday's price action have both my NYSE and NASDAQ models on a buy and
> the daily charts do not appear to have completed a final top. Since the
> ascent from the reversal low has been so steep, I expect a retracement
> lasting a few days. I will be looking for long entries on the retacement.
> This is from a trading perspective where trades can be carefully managed
> intraday ... not an investment perspective as I consider the market to be
> exceedingly dangerous/risky/overvalued/hyped/volatile ... did I say
> dangerous.
>
> Earl
>
> ----- Original Message -----
> From: "profitok" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Cc: <gannsghost@xxxxxxxxxxxxxxx>; "Vincent DONOVAN"
> <vdonovan@xxxxxxxxxxxxx>; "Victor Wadel" <panda22@xxxxxxxxx>
> Sent: Thursday, January 31, 2002 5:33 PM
> Subject: [RT] nasdaq 100 /sell
>
>
> > Unless we can close tomorrow above 1572.93 cash we are still in a down
> trend
> >
>
>
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