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To: Shack who wrote (15520)10/3/2001 9:06:30 PM
From: john722  Respond to of 209892
 
Went 100% Short into Close. Tight

stops on stocks. Will cover at .236 retrace of 9/21 runup
till today. Am I losing my mind?????



To: Shack who wrote (15520)10/3/2001 10:05:28 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
If we've completed an "A" on the Dow, how far can the "B" pull back? I assume the B pullback would also be 5 waves?

I agree that new lows right away doesn't appear likely, and the pullback should probably be bought...



To: Shack who wrote (15520)10/3/2001 11:10:14 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I didn't hold off, but I did only go with half my original intention -- went 1/6 instead of 1/3. You missed one helluva "f*ck it" ramp in tech. Very compelling. I caught very little of it in the futures and am not happy about that. Gotta be more aggressive on trending days.