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Strategies & Market Trends : Classic TA Workplace

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To: Perspective who wrote (12113)	9/5/2001 12:50:23 PM
From: AllansAlias	Read Replies (1) of 209892

Wiggle-talk: I think we just had the first time today where the futures went back to the lows but smelly did not. This is often the sort of bullish divergence that can precede a pop. I can not see the structure for a good rally in the charts, but this sort of thing has been good for a wee scalp in the past at this sort of s-t oversold level so I am in for 1/2 a long position with stop just below the recent low. This is the problem with being flat here. Too oversold s-t to get a good entry and terrigying to go long.

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