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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Shack who wrote (92331)4/10/2001 2:42:11 PM
From: AllansAlias  Read Replies (3) of 436258
 
I wasn't thinking about a lid on the move. I was more interested in talking about a *fairly* obvious inflection point where the r:r is good. Another one of those situation where a retracement walks out a certain line and then gets to the point where it has to show its hand one way or the other. In this case, it played out as further down.

I am selling this bounce. I think we get another down move, maybe not big, but noticeable enough for a scalp.
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