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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (3898)	5/31/2001 12:30:38 PM
From: JRI	Read Replies (1) of 209892

Wouldn't a good trade this morning have been..to short......after the COMPX shot out of gate until 10:3o? Because this morning's action was likely* EITHER a 4 of a 3 OR the a of 4....in EITHER case, "down was to follow"....(either 5 of the 3, or b of 4)...and the risk/reward was very good for some near-term down, and upside was likely limited (after morning burst) * remember, I'm saying likely...there might have been a couple of other counts out there, but these 2 stand out...

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