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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (25106)	12/13/2001 3:46:47 PM
From: AllansAlias	Read Replies (3) of 209892

Scenario (chart) explaining why we might bounce hard here: angelfire.com It's just another scenario I have been tracking. As price hits new levels, scenarios move up the list. I am often tracking 4 or 5 Elliott's in addition to regular TA. It doesn't mean you jump with the crowd or that you are just chasing about buying and selling. You track the scenarios, wait for price to make it possible, and then, for me, wait for confirmation (i.e., an up leg here) that it could be correct, then you dip your foot in the water. Still watching to see if this one might be worth a ride.

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