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Strategies & Market Trends : Classic TA Workplace
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To: jimcav who wrote (920)4/25/2001 3:56:53 PM
From: AllansAlias  Read Replies (3) of 209892
 
Brafoo's Guildeline #11 -- Why I try not to buy 4's

I try to stay away from buying the dip when it looks like a 4 because it's too easy to be wrong, and if you are, then what you think has been 1-2-3 could be a-b-c.

(A motive/impulsive 1-2-3 is 5-3-5 structure, but so is a corrective zigzag.)

Cheers
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