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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (5859)4/19/2005 11:17:56 PM
From: robert b furman  Read Replies (1) of 12411
 
Hi Chip,

Right - Today looked good and often it does.

Pretty clever prediction-I assume the + 2 days didn't count Saturday and Sunday.GG

I agree with your count being very high probability.

During major bottoms and reversal is made, an anemic pop does occur,and then a retest most often happens.

Marginal violations of the previous low can occur or if you are watching a strong dog it just may not.

Pennies when we should be worrying about Dollars.

I'm hoping we get that double bottom retest.

I sold a short term block of Cohu on Monday after waiting out the low and it was because I wanted to get it back .50 to .75 cents cheaper.

If I chumped out - just to look cute, my ego will get hurt and I hope that doesn't happen.GG

Certainly won't be the first or last time I got burned being cute.<smile>

But hey,if you ain't trying - you can't be cocky either.

Thanks for the great charts and here's to a final double bottom shakeout - or better yet here's to an immediate trip to the MOON!!

Bob
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