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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (7463)7/5/2002 2:55:20 PM
From: Alan Smithee  Respond to of 17639
 
No surprise there.

I was expecting a ramp job today, but didn't think it would be as strong as what we just witnessed.

No longs for this boy until we have a confirmed change in trend.



To: Jorj X Mckie who wrote (7463)7/5/2002 3:57:42 PM
From: quote 007  Read Replies (1) | Respond to of 17639
 
that pattern is exactly why i am waiting to go very long--if we get a higher high a higher low and then a higher high--then we can start to entertain a change in trend-until that time--the trend is down and to be short seems like the wise thing to be-my opinion of course


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