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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (5051)6/14/2001 2:44:02 PM
From: UnBelievable  Read Replies (1) of 209892
 
I Still See This As Very Vulnerable To The Down Side

As I mentioned to Allan my experience with this type of snap back rally at the end of the day is that if it fails there is nothing holding it up from the low but air.

When I took the position it was moving down. If it kept going I would have maintained the position but as soon as it reversed I covered. R/R
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