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Strategies & Market Trends : Classic TA Workplace

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To: Terry D who wrote (48009)7/29/2002 3:36:11 PM
From: The Freep  Read Replies (2) of 209892
 
<<Yea, baby. >>

Freep's market maxim #1: never "yea baby" until the point is proven. One turnaway from a resistance mark is great, but celebrating that it's gonna hold right now is like assuming the Red Sox have a victory just because they're up 10 in the 9th inning. Sure, it MIGHT play out, but early celebration is ill advised <g>

the freep
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