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Post# of 37180
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frenchee

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frenchee

Re: Kaja Bear N post# 20193

Monday, 10/25/2004 8:47:05 PM

Monday, October 25, 2004 8:47:05 PM

Post# of 37180
No need to hurry out of your short Kaja Bear N. Here's my update on the cubes...

Current Position: 200% Short
Trailing Stop: 36.79

Significant technical news today: 1) The SAR point is now 36.79 and it's in a short or sell mode; 2) The 31-day SMA inside the Bollinger Bands and the uptrend line are providing support; 3) Today price range was below the 17-day EMA which is a bearish sign; 4) When price breaks out from the wedge pattern it's in, look for significant volatility.

http://img5.imgspot.com/u/04/298/19/QQQdaily102504.jpg


Regards,
frenchee

#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)

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