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To: Shack who wrote (41688)6/12/2002 10:50:02 AM
From: marginmike  Read Replies (2) | Respond to of 209892
 
finally realized the "HOOK" in this bear market is the fact that theeconomy is improving. However valuations are so out of whack it doesnt matter.



To: Shack who wrote (41688)6/12/2002 11:30:21 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
What say you about PG. Looks to me like it may be VERY close to completing an a-b-c bounce and wants to turn down soon. At least in this setup one's stop can be tight. Being wrong happens often enough, but a good setup allows a good stop, which prevents the expensive fault -- being stubborn.