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To: The Freep who wrote (97833)5/26/2004 1:01:09 AM
From: At_The_Ask  Read Replies (2) | Respond to of 209892
 
check out this fork. from selecto at trader talk....
imgspot.com



To: The Freep who wrote (97833)5/26/2004 7:10:45 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
the "one more down" camp

The "one more down" thing can undo plenty a profitable trade. I am always suspicious of... myself, when I start looking for that elusive last swing. True - recent "esthetics" would be more perfect were we to get one, but in the end, that's already one of those "dessert" items. As an aside, sometimes it's interesting to eliminate candles, and to look at the plain "line" chart of closing prices. On that one, the impulse down actually may have had all the needed subdivisions. The bottom line is that we did have a meaningful impulse yesterday, and we can hang our hat on it, namely, on how it acts from here.... sorry for producing a rant before having some coffee.