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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (68722)3/17/2003 12:04:38 PM
From: AllansAlias  Read Replies (2) of 209892
 
This afternoon? Imho, you are looking at the flag in too small a timeframe. It took months to build the flag and any breakout would run for another 3 or 4 weeks.

Are bears getting short at these new heights? Are they just watching? Are they now converted longs now waiting for a pullback? I ask these questions rhetorically to spur the folks here to have a plan. Turn off CNN and CNBC and write down a trading plan.

My plan is to hold unless NDX 1035 falls. You know me. I don't mind being wrong, happens often enough, but I won't tolerate being stubborn.
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