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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
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Brent Oil
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0.00%
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Bitcoin
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-0.25%
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Post# of 704019
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Zeev Hed

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Zeev Hed

Re: westpacific post# 451564

Saturday, 01/21/2006 12:01:55 PM

Saturday, January 21, 2006 12:01:55 PM

Post# of 704019
Typically you may want to hold off going long big a day or two after a VTO buy, that RSI can easily drop under 20 (it did on the Dow I believe). I would play the long side only for a short term bounce, if that bounce does not take out 2300, I fear we go into a nasty February with a target under 2100 on the Naz.

AZH

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