Monday, September 25, 2006

Review of this Week's Long s - NVDA and NDAQ

NVDA's ADX and RSI are signaling weakness, however, it is still holding its breakout point and its trendline. So we can't short it until we get an actual break.

NDAQ has retraced 62% of its last leg up and in so doing successfully retested its breakout point. Long on a break of $31.25

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