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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (502)4/20/2001 12:26:10 PM
From: AllansAlias  Read Replies (2) of 209892
 
A friendly warning

This goes back to what BC said here. Ask yourself "Does this down look/feel impulsive? Does it have some balls?"

So far, other than the little roll off the very top, this is timid down. A swoosh down here would reassure me some, but at this point my spidey senses are tingling just a little bit and I am glad to be out with some profit rather than sweating this silly sideways action.

Nothing's changed. Turn looks OK so far imo. Just a reminder that when you think a market has turned, but the down is timid, it's a mild warning flag.
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