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To: Shack who wrote (89915)4/4/2001 1:56:59 PM
From: AllansAlias  Respond to of 436258
 
Slash scenarios still in play. Curious that the down has no pause/bounce in it -- just straight. Hmmm..... -g

(Nice bleed on INTC)



To: Shack who wrote (89915)4/4/2001 2:00:37 PM
From: AllansAlias  Respond to of 436258
 
BTW, INTC is in an air-pocket that is the gateway to the 1997/1998 range. Ouch.



To: Shack who wrote (89915)4/4/2001 2:02:14 PM
From: AllansAlias  Read Replies (3) | Respond to of 436258
 
Looking more and more like this was the Mar 27 correction only. We'll see if it takes out the low here.

This is why I never try to catch bottoms or tops or get in on the ground floor of a move. Even if one can see them fairly clearly it is always worth waiting for some structure to get built and bite out the middle. (A related simpler rule is never to buy/sell the first move away from extremes.) Just mho of course -- there are any number of successful ways to go at this.