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Strategies & Market Trends : Classic TA Workplace

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To: American Spirit who wrote (1394)4/30/2001 5:28:37 PM
From: Shack  Read Replies (1) of 209892
 
Maybe but, and its not really the focus of this thread, I don't believe that is the case.

Why didn't buying resume on Feb 1 right after the "profit taking" of the Jan rally. How about the August 2000 rally? Those are the last two month ends after rallies and they were met with a sell-off soon after.

Not preaching here but swing-trading longs may want to take something off the table.
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