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To: AllansAlias who wrote (9606)8/9/2001 2:18:31 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I covered there because it started to jello around, thus not confirming that it was ready for impulsive down. I won't hesitate to jump back on if she starts to move again as that revives the flat (up/down/up) scenario for today's action. However, I am thinking we are building a triangle here. Take a look at COMPX off the lows on a 5 or 10min chart. We've done a-b-c-d with an 'e' top to come now.

edit: BTW, some folks confuse this sort of post with indecision. It's simply a matter of not being blindsided. Myopia does not pay. I am ready for two scenarios, that's all. All Elliott books discuss the need for alternate scenarios.