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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (2654)	8/10/2002 3:19:09 PM
From: bcrafty	Read Replies (1) \| Respond to of 10157

Yes, don't forget the 3 possibility or the more up in the C I wish velo was able to publish labeled charts like you do, but here's Keller's chart that does. If you note on his Dow hourly we are still in the C up. stockcharts.com I don't know about you guys, but I don't like to strike pre-emptively. Instead of blindly shorting Monday's open I'll instead wait until it's clear that the C is done before going very short. Many people assumed the C was over Friday morning and went short only to find out a couple of hours later they were a little early. I'm not saying you have to wait for a 50% retrace of the C from Monday's low or anything like that, but how about waiting until you get a 10,20 ema crossover on the Dow 15-minute chart before doing so? Doing so would saved shorters from following the Friday opening's downward headfake.