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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (28416)	1/16/2002 12:33:19 PM
From: AllansAlias	Read Replies (3) of 209892

I am buying the next low. I think it comes around 1 o'clock. If it doesn't hold, I am giving up on today being a reversal day. If it does hold, I think we could see a sharp reversal. I am getting pretty tired of being flat while the market declines, albeit in tiny mouthfuls. I think this will be my last try at the bounce play. I am not put off by the fact that my bounce is being pushed to the limit. I should know by now to expect the market to do that. (I reserve the right to change this plan on a tick's notice, especially if we don't go into 1 o'oclock on a low.)

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