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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (258)	4/19/2001 10:38:53 AM
From: AllansAlias	Read Replies (3) \| Respond to of 209892

Even though we just made a new high, this doesn't feel impulsive yet. 'Course, could turn out to be one of those beautiful grinds upward all done on little bars. Those are powerful and I don't short 'em. I feel no need to trade here. Even if we are heading now to the new highs we're calling for, I am sticking to the plan that bigger moves are on the way. (If this has already started our 5 of 5 up, looks to me like this would be a 3. This is the alternate scenario and the '4' on the chart I posted is correct for that scenario. Trace it out -- this morning's gap looks like 3 of 1 (this is all in our 5 of 5), then giving after the gap is 4 of 1, another push makes it 5 of 1, then we did that consolidation -- that would be the ... *fck it -- I'll post a chart...**)