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Strategies & Market Trends : Classic TA Workplace
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To: JRI who wrote (18209)10/26/2001 2:14:52 PM
From: AllansAlias  Read Replies (1) of 209892
 
Slightly OT, inside counting talk

I am always tracking two scenarios as I trade and let the market tell me which one is more likely as it builds price bars. The reason I covered there before my target is that the scenarios join at the spot I covered. In other words, it's another of those inflection points. If we are indeed pointed down in a 'c' to COMPX 1755 or so, then we must first take out COMPX 1775. Until that happens, the immediate bullish scenario stays alive.

Does anyone else see why this is so?
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