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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Death Sphincter who wrote (47654)5/28/2000 3:04:00 AM
From: set  Read Replies (1) | Respond to of 94695
 
> a month

huh? no, just the circled parts. The immediate context
in each case is a vertical plunge just prior. Just
a tiny little glyph I'm looking at.

I always assume that there are stops just above the
more recent high and just below the most recent low.
That would be thursday in this case. So the question
is when are they sure to hit and when not.

For example the odds were good that the 4/19 high
in the NDX would be taken, so I didn't want to
sell until that happened. But in this case
I'm willing to try it lower than 1418, assuming
it goes up and presents any possible entry at all.