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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: coferspeculator who wrote (31)4/25/2004 8:30:53 PM
From: coferspeculator   of 14340
 
AVE-Mentioned this past Tuesday when it entered a spring position. Now appears likely to jump the creek after it "sprung" to the top of the range near $80 of Friday. A stepping stone count offers a potential of $87 so anyone buying at the spring is looking at a possible $13 profit or over 15% for a short term trade. A stop could have been set at $3 under $84 1/2 offering over 4-1 profit to risk potential.
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