Attempt trade for 04/28/2000 Friday ( Main Trend: Dow, short-term topping; Nasdaq: bottoming and swing up )$$$

Watch out.  SP is moving in sync with Dow Jones on topping bias. 

SP: (Globex) Stop 1460, buying bias, target 1484-85. If this 1484 target achieved before 8:00AM, SP could reverse back down to fill up the gap and reverse back up.

6:25AM update -- Take profit and reverse. SP/DOW are topping, better exit Dow stocks.

Attempt trade for 04/27/2000 Thursday ( Main Trend: Dow, short-term topping; Nasdaq: bottoming and swing up )$$$

If SP opens gap up above 1480, try to scalp short side with tight stop, SP  target 1462-1460, spike 1455. NQ stop 3625, selling bias, target 3400 is a safe bet, but spike 3330 is valid. Stocks: BRCD - If it opens at 115 area, then stop 121, selling bias, target 100. 

DMD 6:30 AM Update: We are buying at open, SP scalping target 1453. 

Stocks: Buying BRCD below 100, target 113; buying PMCS for 10 points profit.

Attempt trade for 04/26/2000 Wednesday ( Main Trend: Dow, short-term topping; Nasdaq: bottoming )$$$

Better not chase the buy side at this hi level, cuz profit taking will step in. If it is a gap down open, then Wednesday should be a down day or at least a intra-day pull-back for at least 20 pts.

SP Stop 1495.50, selling bias, target 1470 and 1462-1460.

Be careful, It might be easier to trade NQ than SP.

Attempt trade for 04/25/2000 Tuesday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$$$

NQ stop 3280~3300, buying bias, target 3650~3680 before weekend and target 3750~3780 in next week. 

If market keeps showing strength, the above target will be achieved earlier than expected.

Attempt trade for 04/24/2000 Monday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$$$

Still selling bias for target 1413-1417, then reverse to buy side for 1443-1446 target. Expected close 1440 +/- 2pts.  

There is a chance that market would open gap down, we are selling at globex with 1445 stop, target 1427, then 1417-13.  

After 1413-7 target, stop 1410, buying bias for bounce target 1443-6. 

NQ stop 3500-3530 area, selling bias, target 3380 before end of Tuesday and 3230 before end of Wednesday.

Attempt trade for 04/20/2000 Thursday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$

Still selling bias for target 1413-1417, then reverse to buy side for 1443-1446 target. Expected close 1440 +/- 2pts. There is a chance that market would open gap down, we are selling at globex with 1445 stop, target 1427, then 1417-13. After 141x3-7 target, stop 1410, buying bias for bounce target 1443-6. If it did not open gap down, we would update trading strategy in WarRoom at open.

Attempt trade for 04/19/2000 Wednesday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$

Selling bias. We are expecting a little gap down open (about 4-5 pts). Ready to take profit and reverse to short for SP 40 pts retracement. 

Update after opening: Stop 1455, selling bias, target 1442-3. Took 1/2 profit at 1443.50, took 2/2 profit at 1442-3. Update 10:00AM: today's correction is not over yet.

Attempt trade for 04/18/2000 Tuesday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$$$

This bounce should not be over before Wednesday noon. There are a lot of stocks having great potential for more profit. (See below stocks section.) SP00M stop 1400-3 area, buying bias, target 1425; and target 1452 for a strong opening. Dow Jones should be up 200 points. If there is a sell off at the open, try buy side again.

Stocks: All buying bias for the following (day trading),

SCMR, Buy 52 to target 64.50 within 2 hours after the open.

AOL, buying bias, target 58.30 before 8:30 or 66.50 before Wednesday noon.

BRCO, stop 92.50, buying bias, target 110.50 

BRCM, stop 131-137, buying bias,  target 160, (and possible 191).

LWIN, stop 53.50, target 67.25 (Tuesday) (very likely)

Attempt trade for 04/17/2000 Monday ( Main Trend: Dow, bouncing; Nasdaq: bottoming )$$$

NQ3000 should be the "even number" support level for 500-600 pts bounce in next 10-16 hourse. Testing 3300 on Monday, testing 3500-3600 before Wednesday noon.

Stop 3100-3000, get ready to buy bounce (day trading), target 3300-3320 testing (and 3600-3620 for a strong bounce) in 10-16 day session hours.SP, Dow should follow Nasdaq for bouncing.

Attempt trade for 04/14/2000 Friday ( Main Trend: Dow, swings; Nasdaq/SP, down )$$$

If it opens gap up, selling bias, target NQ 3500; the a bounce to test 3600-3650 before 7:30 - 8:00. After 7:30, market would plunge to 3330-3300 target.

Attempt trade for 04/13/2000 Thursday ( Main Trend: Dow, swings; Nasdaq, down )$$$

If it opens gap up, try to scalp the opening sell-off for target NQ3630-3650 and reverse to long for 3880 target close; and on Friday Nasdaq futures should plunge to 3330 after 8:00 AM PST.

Watch out for Dow Jones, a plunge to 10600 is possible on Friday, 10800 is a minimum target for Friday.

6:25AM update: SP, Stop 1489-90, sell @1487.50-1488, take 1/2 profit @1483 and 2/2 target 1477-73; once NQ bounces back above 3630,  buying bias for 3880 target. 

Attempt trade for 04/12/2000 Wednesday ( Main Trend: Dow, mixed/up; Nasdaq, swings )$$$

Two more weeks to complete this NQ down trend -- Bounce target NQ 3980-4030 and reverse to short for 3150-3000 target before end of April. 

Scenario #2 is more likely. For scenario #2: Ready to buy at opening sell-off if it opens gap up. 

Opening did not have a gap up, put aside this morning's DMD!

10:30 AM update: stop 1520-19.5, selling bias, target 1497 before 12:30; take 1/2 profit @ 1505 and keep the balance for 12:30 target,

12:25 AM update: if  day low taken out before 12:30 just keep the rest 1/2 for 1489 target.

For 04/10/2000 Monday ( Main Trend: Dow, mixed/up; Nasdaq, swings )$$

Updated after open: This open is weaker than expected. We are ready to sell SP stop 1542, selling bias at 1541 target 1523; if get stopped out try to re-enter the short again later on. NQ is going to take out last Thursday's low by 1 tick before end of tomrorow. NQ stop 4220-30, selling bias, target 4130 testing. Close should be at 4080 or 4130.

For 04/07/2000 Friday ( Main Trend: Dow, mixed; Nasdaq, swings )$$$

Without job report scenario, we are favoring buying bias (for Friday only) at Globex for NQ 4350-4450 target before end of Friday. BA - Try to buy 1/3 at Globex. If job report is friendly, it will open gap up above NQ 4250. 

SP: stop 1513, buying bias, target 1540.

NQ: stop 4100, buying bias, target 4350-4430.

For 04/06/2000 Thursday ( Main Trend: Dow, mixed )

SP: selling area is around 1515,  target 1485-89; then reverse to long with 1484.80 stop.  Keep in mind, Testing Tuesday's low is still valid. Whether the bottom is already in depends on NQ 4250-80 pivot for the rest of the week. For stocks: Buying bias as NQ testing 3900-30 area for swing trades.

For 04/05/2000 Wednesday ( Main Trend: mixed )$

If open at 1514-15 (most likely), there should be a little quick sell off for 5 pts then reverse to long for 1528 target. After the open,  try buy side after 5 pts sell off. Stop 1507.60-1508.50, buying bias, target 1526-8. Then, stop 1528.50, selling bias, target 1496 (or 1485). NQ 4280-3950 trading range. 

For 04/04/2000 Tuesday ( Main Trend: Dow/SP short term up, Nasdaq: swings then down)$$$

7:30am update: If 4010-20 broken, it will be bearish. ND target will be 2988-3000 before April 15. At 09:00PM  up date: SP stop 1508-9 stop, selling bias, target 1485, 1473. and 1445.

For 04/03/2000 Monday ( Main Trend: Mixed)$$

SP and NQ opened gap down. Glad we closed our eyes and took profit at SP 1539 area on last Friday. NQ support is at 4300-4280 area, SP support 1507. If it opens gap down, SP market should bounce  to fill the gap up and Dow should test this 10980 pivot. Dow 10980 will play a key role for the rest of the week. If it fails to go back and close above 10980, Monday could be a down day; otherwise buy side is not ruined yet.