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To: JRI who wrote (17434)10/22/2001 11:16:11 AM
From: AllansAlias  Respond to of 209892
 
I just got a peek at my roadmap on QCharts (no data feed but the old chart was there). There are a lot of resistance ninjas close by and this should roll here. I have sold out the long for an import. I will jump right back in on any new high as it would put my short strategy in some doubt --yes, we are fairly close to pushing the "down soon bearish" roadmap aside.



To: JRI who wrote (17434)10/22/2001 11:21:54 AM
From: AllansAlias  Respond to of 209892
 
It continues to pullback very slowly. All I can see this morning is the NQ chart. So far, the pullback looks like a nice bullish flag. Falling through NQ 1368 would negate said flag and point to a more severe retracement/decline.

edit: Just printed 1368.50 -- gotta turn for da bulls to run again before lunch.



To: JRI who wrote (17434)10/22/2001 11:26:57 AM
From: AllansAlias  Respond to of 209892
 
Bought the bottom of the flag on NQ. Stop is only 2 NQ's away from entry (can't get tighter than that!). It's a no-brainer: if it goes down from here, I am happy and it did roll as I thought it would and I am position-short; if it's a bull flag, I just bought the bottom of it.



To: JRI who wrote (17434)10/22/2001 11:31:29 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Here's that moment I love. In the next few minutes this should either continue down noticeably, taking the bull flag with it, or kick into the next leg up.