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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (10476)	8/20/2001 11:11:12 AM
From: patron_anejo_por_favor	Read Replies (1) of 209892

<<The bounce we see this morning is directly off the lower wedge line. It's a chart-chaser bounce.>> Yeah, that's the way I'm playing the move (up) today and tomorrow. Mostly short covering and dip-buying. I doubt it'll be anything more sustained. That said, I boxed all remaining shorts this am...and sold my BA puts. Had a VERY good week last week and don't want to give it all back right away.

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