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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (3340)5/23/2001 10:34:37 PM
From: Perspective  Read Replies (1) of 209892
 
I'm really starting to think that way. What the hell was I thinking trying to grab the 5th of a C anyway? You all need to smack me when I start trying to grab the last 10% like that with a major trend shift looming. Maybe one day that lesson will finally get pounded home. Yeah, right...

The thing that REALLY sucks is that - if this is true and the C failed by only having three waves up - then we've *already* seen 1 and 2 of the first down, and we're in 3 of 1 already. No graceful exit for BC, I'm afraid. Moderately expensive mistake, and yet another lesson. Fortunately only a small bet, hedged with plenty of SOX shorts, including TQNT. <g>

1931 lives on.

BC
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