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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (12460)	9/7/2001 10:23:21 AM
From: AllansAlias	Read Replies (2) of 209892

I SAR'd the short and am now flat in the futures. Got back what I lost on the short with the long. Why didn't I hold the long? I am in a state of high distrust when it comes to longs. When price tells me it's safer, I'll do more than minute scalps. JRI, the little pause (around 9:55) after the initial spike of the lows is probably the highest probability long scalp there is. TA-wise is usually just a little pennant or flag and Elliott-wise, well, we know things move in at least 3's, so the pause is almost always buyable.

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