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

To: Shack who wrote (519)	4/20/2001 12:58:54 PM
From: JRI	Respond to of 209892

I always thought we'd be nervous here...just like the guys who bought between 1632-1900 were....everytime the market started turning on them and headed down.... When you get burned a bit, it makes you less confident...but you gotta stick to your plan (as you would probably tell me)...the evidence going into today was overwhelming for a top (today or tomorrow)...this morning's action was good enough to say today was it... Can't say I'm happy that we made in thru 2150.....but I still don't see that highflyers raging off their bottoms....and we just got thru noon hour, and they couldn't low volume push it up much.. So far, so good, I think....I'll probably change if we broach 2160 or so...

To: Shack who wrote (519)	4/20/2001 1:02:06 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

I see nothing bad happening. Turn still looks good. All the caveats still apply (warnings, stops, etc.), but it still looks good imo. Let's see what the post-lunch move is here... are we gonna dump out of this flag -- that would take me to my target of 2108 COMPX imo.

To: Shack who wrote (519)	4/20/2001 1:03:24 PM
From: JRI	Read Replies (1) \| Respond to of 209892

BTW- That's the nice thing about AAs strategy....sure is easier on the nerves...you don't have to put up with jello crap in the middle of your moves as much....then again, you leave some (not an insignificant amount) on the table sometimes (while focusing on the meat).. Having said this, I am still a young man (my nerves can take this strategy a bit longer), want make as much as I can (without going stupid for the final 1/8) while I am trading (don't wanna do this forever), and I keep thinking about my daughter's college costs in 20 years-g.