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Strategies & Market Trends : Rainier's Column

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To: Grandk who wrote (39)4/11/2000 10:59:00 AM
From: HeyRainier  Read Replies (1) of 106
 
I'm not a buyer here. Your second leg of the double bottom isn't even at the target level yet (at least on the dailies; intraday we're there). Just last week you said you wouldn't be surprised to see the lows retested. The technology market is deteriorating further and we're not even at the previous lows but you're already buying. There appears to be inconsistencies in your discipline, or at least the tendency to front-run it.

What did you learn with your HLIT trade?

RT

PS. The QQQ needs to hold here.
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