AI
Wednesday, December 10, 2003 6:08:18 PM
nasdaq 60 and daily chart sent out last night.
Nasdaq looked like a down staircase today with EVERY rally shortable until the last. If the market had been open another 1/2 hour that last rally would have no doubt be shortable as well. Another day of downside with the market hitting a lower low than yesterday.
Last nights 60 minute chart
and today's continuation near the 1880 support so the beauty was in shorting rallies and also the particular earnings plays we had for downside that played down through the dow / nasdaq relief short cover rally.
Nasdaq looked like a down staircase today with EVERY rally shortable until the last. If the market had been open another 1/2 hour that last rally would have no doubt be shortable as well. Another day of downside with the market hitting a lower low than yesterday.
Last nights 60 minute chart
and today's continuation near the 1880 support so the beauty was in shorting rallies and also the particular earnings plays we had for downside that played down through the dow / nasdaq relief short cover rally.
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
