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To: Shack who wrote (3014)5/21/2001 3:39:38 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Agreed about one more little pop. Seem to have started it already.

I was talking about trading inside the '4 of 3' as I think that's what we were in when I tried to short. Smack upside the head is only fix for that sort of stupidity.



To: Shack who wrote (3014)5/21/2001 3:46:00 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
Just exited and gone flat.....really think we get one more pop (think we will get your gap up)....but today was too lovely....made too much....and have a new strategy of taking the profits and sleeping sound....I'm learning not to be greedy and accepting it...is harder than it seems..

Great calls by the regulars here....thanks...

Tomorrow: (I'm looking for) Gap up.....little retrace (4 of 5)....and then 5 of 5 (marginal new high)....and then time to short this fool...(for your zigzag 4)....

Edit: Gap up might continue this move right here..



To: Shack who wrote (3014)5/21/2001 5:51:17 PM
From: Zeev Hed  Read Replies (1) | Respond to of 209892
 
I have the top of this move on Wednesday at 2:11 PM (VBG). Target, still 2388. I should explain a little, for quite some time I had a cycle extreme on Mat 23rd, until last Wednesday I thought that extreme would be a temporary bottom, that changed last Wed. and now is becoming an extreme, but a peak rather than a bottom extreme. You never know with those cycles, some time they reverse themselves. Luckily, I switched gears rapidly last Wed. Now I am already in "cash raising mode" (this thread's equivalent of pootsing the market, i would guess).

Zeev