AI
Wednesday, December 10, 2003 11:52:26 AM
11:00 reversal we called. CYD, ADI XLNX, SNPS, MCHP, plays for REVERSAL intraday are looking better in the 11:00 reversal period as we said they might. That is exactly the time frame we gave our shorts until they bounce. All charts (XLNX as well) were being monitored closely for the BOUNCE area on 5 minute charts. CYD was the last of the group to reverse. This would just be expected to be SHORT COVER RALLY in technology. Intraday reversal period trading ONLY!
from our charts: (SNPS, MCHP XLNX and ADI might have bottomed by the 10:30 to 11:00 reversal period)
If we do trigger short, we'll need to rack 5 minute chats to see where our reversal will be. We'll update of course."
from our charts: (SNPS, MCHP XLNX and ADI might have bottomed by the 10:30 to 11:00 reversal period)
If we do trigger short, we'll need to rack 5 minute chats to see where our reversal will be. We'll update of course."
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