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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (7942)1/11/2002 12:00:46 PM
From: rocklobster  Read Replies (1) | Respond to of 26752
 
But correct me if I am wrong here> These bear wedges,, etc, that you are seeing are on longer time frames? right? actually since I'm using an extremely short term scalping method right now, it seems that the main utility for me would be knowing where the breakdown points are so I can avoid trying to get long into a sixty point screamer like we got a few days ago.. do you have any price or time targets for breakdowns....?... just curious what you're thinking here.. thanks again for sharing... looking at the 30 minute chart would seem to indicate that my thought of shorting at 1670 is probably a bit premature if we start to move up....seems that 1675 would offer better entry ..

rok



To: Susan G who wrote (7942)1/11/2002 12:03:17 PM
From: rocklobster  Read Replies (1) | Respond to of 26752
 
Thinking along the diabolical lines here would make me think we get a quick drop under the LOD on nq's then a slow bleed up and away that never comes back....ending in a late day short squeeze.... This scenario assumes that AG is in on this latest market pump, and will want it to continue..so I'm thinking he throws us some subliminal bones in his speech today..

rok



To: Susan G who wrote (7942)1/11/2002 12:09:18 PM
From: TWICK  Read Replies (1) | Respond to of 26752
 
party pooper.