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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (117565)	4/25/2005 9:04:12 PM
From: skinowski	Read Replies (1) of 209892

Yeah, this scenario is still alive and well. I go with the assumption that March 7 was an important top - and, of course, April 7 is the key resistance... so far I see no reason to alter this stance. If I'm wrong, it will cost me money, but since I use little leverage the total risk is acceptable. ...Run into some fairly unenthusiastic remarks by Bernie Schaeffer: schaeffersresearch.com (senimentrader is still looking up, but seems to be having doubts... holding off increasing longs)

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