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Strategies & Market Trends : Classic TA Workplace
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To: Perspective who wrote (3741)5/30/2001 9:30:43 AM
From: AllansAlias  Read Replies (1) of 209892
 
Yes, for now I am seeing this as the 5 of 3. It may not be all in the gap though and I will presume nothing.

In general, if we can catch turns, like the call into this 3, then money/risk management should take over until we can clearly see another turn. Everything in between is trying to catch bottoms/tops and is a waste of time in terms of analysis imho. I/we often think ourselves out of good positions by trying to be smarter than the market. The big money is made by sitting on your hands.
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