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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (340)3/7/2000 2:59:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
There's a 3 day TP at 3:00 which might set the market back...?

Pretty Good Strength for a brken market this morning
But being overdone it may pick up strength after 3:00..?

Chip



To: Jorj X Mckie who wrote (340)3/8/2000 8:43:00 AM
From: Chip McVickar  Respond to of 33421
 
Tom,

Yes, the TP came in nicely and the market responded.
Also a 3:00 TP arrived and tested the bulls.

One of the hardest parts to these time projections is being flexible enough to get out when they don't work out. When every thing sets up right it's difficult to change a mental and visual positioning. Sometimes the price will drop below the entry time and then resume the original direction. Sometimes markets just take off and at others they fall off like yesterday. But they do work...<<smile>>

Chip