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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (15737)7/15/2002 11:33:34 AM
From: isopatch  Respond to of 36161
 
Chinton. Perhaps. But <getting close>

ain't enough.

Every time we do get close?

There's another small rally that all the STer guys pile into. Of course, that blows the TA indicators out of the box. Then, within a few days, it's back to the slow bleed. Too many still trying to call a bottom for us to get anything more than another small failing rally.

When I see NOBODY on all these web threads calling for a rally? Then I'll expect to see the kind of important Intermediate Term bottom I'm interested in loading the boat to play.

Until then it's patience or me. Don't like the risk/reward ratio of trading DCBs against such a powerful primary trend with anything but my an occasional ST fling with little cache of mad money when there's an exceptionally good set-up to play.

Isopatch