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Strategies & Market Trends : Classic TA Workplace

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To: Justa Werkenstiff who wrote (15411)10/3/2001 12:07:58 PM
From: ru2  Read Replies (1) of 209892
 
Possibly I am part of the wall of worry that the market is currently climbing. If Don says they are imperfect white soldiers then in my book they are, I learned about three black Crows and three white soldiers from Don. <G> However they are imperfect and AGAINST the trend. Also money flow is still showing distribution over the time period we are talking about. Volume is unconvincing to me still, but lets wait until the end of the day. I believe Don has a class one sell signal. I believe in Candle sticks, but I also believe in E wave. I fear and respect waves three and five in a market like this <G> If you got in to MSFT at the close yesterday or this morning because of the three white soldiers pattern, you have my congratulations. I missed it and would have thought a bit different about today had I seen it. I may miss a leg up, well see. I'll be shorting gaps until wave five down rears it's ugly head. In the weeds waiting for a good gap down. If I am lucky maybe I'll get one at the start of five down.

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