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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (78513)	8/6/2003 1:17:40 PM
From: Perspective	of 209892

I should add here that I'm more interested in letting a little time pass after this dump before selling, as opposed to price movement. I think we need to correct upward some now. If we're pointing down, we should still chop correctively higher for several days after maybe one minor new low. If we're pointing up, we should launch upward and I'll revise my sell points. If we just sell-off straight from here, I'd be pretty surprised, and I'd have to sit tight and wait for the upward correction of that entire move. Old uptrends die slow deaths. BC

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