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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (3216)	5/23/2001 11:10:55 AM
From: Perspective	Read Replies (1) of 209892

Remember, turn is NYA-based, and if you look at the character of that dump this morning, it's consistent with the tide switching from incoming to outgoing. Think of it as a tide, pulling or pushing. Waves can still push in on top of the outgoing tide, but eventually the tide carries the flotsam with it regardless of the minor disturbances on top. I surf, so these "wave" and "tide" analogies are natural for me! Hopefully they also lead me to be a better trader... BC

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