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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (26862)9/8/1998 2:07:00 PM
From: Terry Whitman  Read Replies (1) of 94695
 
LG- Another Flag forming on the 5 min. DOW.
Which way will she break this time?
My guess is UP- Post holiday rally continuing, eventually ending near the 200 day MA in a week or two.
My plan is to sell the rallies on the second day of each rally, increasing my sales on each subsequent rally.
i.e.: Tomorrow 1 sale
rally #2 : 2 sales
rally #3: 3 sales
rally #4: If we get that many- sell the house, and move to the farm.

Regards,
TW
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