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To: patron_anejo_por_favor who wrote (92239)4/10/2001 1:18:49 PM
From: AllansAlias  Respond to of 436258
 
Yes, this could be the start of the retracement. If the initial decline is sufficient, I'll wait for a bounce and try short. Sounds boring, but I just think middle bites don't make me sick.

(Take a look at COMPX, say 5min. See the count of 5 off the bottom yesterday? We should want to roll out of this and we are pretty well back to where I tried to catch it around the start of lunch at that pause. I wait for the pullback to unfold to see if it likely corresponds to the pullback for this advance or is just a wee pullback before another push. If I think it's the former, then I'll try to sell the first pop, because the first such pop almost always fails.)



To: patron_anejo_por_favor who wrote (92239)4/10/2001 1:32:25 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
With ya now patron. Sold the little bounce. See danger of one more new high (I always do -g) so it's a no friggin' around stop on this one. If this is the roll, you have made one sweet top call.



To: patron_anejo_por_favor who wrote (92239)4/10/2001 1:46:32 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
good grief, we're doomed