InvestorsHub Logo
icon url

Myst

06/24/03 12:51 AM

#5899 RE: stiv #5897

Hey STIV!

Nice setups! Dambo posted JDSU a few messages back but he posted just the chart and not the setup.

Dambo......what was the return? Better than Stiv's?

Lots of nice X_DEV plays coming about with the recent dip, but I advise watching the MACD trending lines on the 10 day hourly chart for a bullish cross before entry:



Note on the same chart for the q's the lines are closer to a cross.

It was pretty evident that everybody and their mother was/is going to short into the fed meeting....even Art Cashin said so last week. What comes next is uncertain. Consumer confidence and Chain store sales reports along with the Fed decision at 2:15 pm est today.

http://www.theonlineinvestor.com/market_calendar.phtml

Easy chart to read......from today's MarketEye:



Short the break of 1585.......buy the bounce if.......price bounces....gg.