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To: bcrafty who wrote (4101)10/2/2002 5:54:33 PM
From: skinowski  Respond to of 10157
 
Hi, bcrafty… I was in a mood to write a little “etude” on an Elliott theme, so my remarks were meant in a very general sense… -g.

I don’t have a favorite count at this time. Longer term I am bearish - and not too happy about it from a real-life POV. Have been too busy to think about the markets too much… maybe that’s why the trading went actually well (g). (Reminds me AA’s advice to lower one’s IQ to 80 from time to time).

I think the key is in flexibility… The question to me nowadays is what I should do when the market will do this thing or another, whatever it may be. I mean, you can keep track of some counts, but it is important to combine them with some TA and to keep trading as you go. Re-sizing positions at support / resistance areas gives confidence to keep re-entering when the action swings over to the next S/R.

...Trying not to stretch my risk tolerance levels too much – and to have fun.

Ol'Ski - keepin' cool @Opinionated.com