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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 692.73+0.5%Jan 26 4:00 PM EST

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To: Clint E. who wrote (24300)11/8/1999 9:16:00 PM
From: shasta23  Read Replies (3) of 70072
 
Clint...saw in the meantime that you predict a pullback tomorrow.
When i look at the NAZ chart then we hit today the upper trendline connecting the highs of 02/01/99 and 07/19/99.
Don't know if that will mean anything though.
I tried to short today and late last week without much success but the intraday swings allowed a least a few crumbs from the great feast. It was still my old mistake of anticipating reversal then following it, the old mistake of not simply going with the trend. One of these days i will learn this. Wish i had Matties patience!

Stefan

BTW Autumn Henry put it nicely on another thread:

"Some suspension of old thinking (rational type) needed to play in some of these remarkable moves."
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