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Strategies & Market Trends : Classic TA Workplace

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To: martin001 who wrote (37911)5/3/2002 2:23:49 PM
From: AllansAlias  Read Replies (5) of 209892
 
I hear ya, but I made a plan and I want to give it a try. In keeping with my simple plan to get a little longer as we hit 1200, I will be pulling the trigger on a few things at NDX 1185-1195.

Low was 1185.xx today. -g

The surprise imho will be the swiftness of the next down move. If I am wrong, perhaps I can make a little money from my clown calls, but I am more interested in:

1) Getting short if we rally.
2) Buying the washout move when things looks bad. Seems likely to me that this will be accompanied by some very bad external news such as a terrorist action.
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