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To: JRI who wrote (18438)10/30/2001 11:03:32 AM
From: The Freep  Read Replies (1) | Respond to of 209892
 
<<gotta drink less coffee.>>

No no no. You gotta drink MORE coffee! I've found that being jacked up on caffeine really improves not only my trading but my social skills.

Allan -- whereabouts do you see the C ending? It does look like that 1620-30 area on the Naz could be a good finishing spot. On a related question. . . any chance this isn't a C? That 1793 high coulda been the top of the 5, and this downmove has been a 1 (either done or with another leg down)? I guess in either way, we have a bounce soon, so it's gonna be a good trading set up, but I'm just trying to look at a slightly bigger picture.

the freep



To: JRI who wrote (18438)10/30/2001 11:09:54 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Here is a very simple but powerful idea. On a quick scalp, never sell the fist pause/pullback. From deeply oversold, 90% of the time there is a secondary push. I know ya know that, but...