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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (27619)10/13/2000 2:23:37 AM
From: Perspective  Read Replies (1) of 436258
 
Remember that a one-day violation that is rebuffed the next day is a sign of strength.

Don't count that TL out yet.

However, I'm still thinking that it could lose another 20% in the next week, ie I do think the line is toast. Could be LLCF, or it could just be several orderly 4% days, like Nikkei. Since I short instead of using poots, I'd prefer the 4% daily slides - they allow you to maximize return.

BC
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