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To: bcrafty who wrote (50087)	8/14/2002 8:51:37 PM
From: The Freep	Respond to of 209892

bcrafty -- your points are also well taken, and I certainly meant no disrespect to anyone (and I share the frustrations of indicator failure, as my "HUMONGOUS 2 1/2 hour Dow rally" indicator AGAIN failed to flash). Still, a review of the last few weeks and the period in late September-November show that a lot of bear energy is spent denying UP (much as bull energy is spent denying DOWN). <<I agree that months from now many people will look back at our posts from this time and think we weren't seeing the forest for the trees. But what I'm saying is that right now it's difficult to even see the trees. >> Yes, I agree. That's why I went on hiatus. (I did sell the Fed as the setup seemed too good to be true. I did not do so aggressively, though, as I still don't see the forest or the trees. I got stopped out of those positions today cuz, it turns out, the setup WAS too good to be true <g>) Anyway, back to my hole. Again, no offense was meant by my post. Although, actually, with any luck I offended Shack, as all my posts are meant to offend him. the freep

To: bcrafty who wrote (50087)	8/14/2002 9:06:29 PM
From: AllansAlias	Respond to of 209892

For example Allan last night posted a nice weekly IBM chart with a target of 58, but how can we even attempt a short entry to that scenario at this time if we're getting these big intraday whipsaws? I showed the area where you would get a nice entry and a good stop. I understand what you are saying and this is a good discussion, but how explicit does one need to make these chart setup presentations. Frankly, I always expect that they are a jumping off point for others to take a closer look and make the decisions for themselves. Cheers