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Strategies & Market Trends : The Thread II

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To: charlie mcgeehan who wrote (7280)	11/5/2002 12:10:08 AM
From: Ian McGuire	Read Replies (1) of 9026

actually , i was thinking about the comment you made yesterday of not having a clue about direction; i found this a very telling statement...if i can turn off the wiseass routine for a minute and be frank..here we have a guy like you, with more success and experience that most of the damn psuedo gurus on SI and he is uncertain!..the rat bastages did a great job this time didnt they?...i can just imagine how the lemmings must be feeling....you kindly mentioned earlier that i nailed the rally..not really accurate..i was surprised as all hell we went thru the sept 11 high without retracing..thankfully "if then" tests of s/r can keep you in trades/rallies like this....and we are having another one right now at the aug 22, 1425ish mark(lots other factors too, like lack of new hi's and the vol spike today, make me think down)...i'd be very surpised(again!..lol) if we dont a 100+ point retrace..but you can be damned sure ill be setting up tests on S on the way down...

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