AI
Friday, February 07, 2003 3:41:45 PM
Hi Bernard,
My internet was down most of the day. Looks as though the HOD signals on the FTSE and TNX were good ones. Time to contemplate whether the LOD at EOD on the Markets today will become Support. 7800 and 950 might be seen as Major Support levels but not worth holding a position over the weekend IMHO. Puts at the morning gap up to 8000 look as though they would have been the trade of the day using the 100 or 50 SMA resistance as a trigger. Time to start watching for another Support level. I am not sure how the markets will react to the weekend. I guess that all depends on what might happen over the weekend for them to react to Eh?
Have a Wonderful Weekend Bernard! :^)
My internet was down most of the day. Looks as though the HOD signals on the FTSE and TNX were good ones. Time to contemplate whether the LOD at EOD on the Markets today will become Support. 7800 and 950 might be seen as Major Support levels but not worth holding a position over the weekend IMHO. Puts at the morning gap up to 8000 look as though they would have been the trade of the day using the 100 or 50 SMA resistance as a trigger. Time to start watching for another Support level. I am not sure how the markets will react to the weekend. I guess that all depends on what might happen over the weekend for them to react to Eh?
Have a Wonderful Weekend Bernard! :^)
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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