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Hello Ben,
Does that mean that previous short position (initiated 1-2 days ago if
I remember correctly) suggested by your tools was covered for a loss?
If yes at what level?
And what criteria to open next short?
Thanks, Alex
mailto:alex_bell@xxxxxxx
Monday, May 5, 2003, 8:09:38 AM, you wrote:
n> Hello
n> this market is stronger than I expected,
n> And, I can see it in 1-3 days we could close above 940 or at least hit 945 intra day high,
n> that should prove as a INTERMEDIATE top
n> and the next price objective is 840
n> all 3 tools I use suggest a major top
n> be careful
n> Ben
n> home of the perfect stop loss
n> profitok@xxxxxxxxxxxxx
n> (which suggest the following levels)
n> if you are long your stop is at 921.1 for overnight session, and going up 4 points per hour in the day session
n> sell short is at 917
n> add to shorts at 912.2
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