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To: skinowski who wrote (120085)6/9/2005 12:27:11 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
I don't see many necessarily bullish setup

That's because there aren't any, there never are though. You know as well as I do that we can take any chart and apply Elliott in such a way that we can make it look like its going almost any way we want.

All I can do is take my shots and see what happens using EW, TA, sentiment and my 8 years of "trading education" as my odds-improvers. Each of us have individual patterns which we look for, if you don't see any right now that fit your criteria then so be it. To your point, I'm not sure I would be buying much right here either, but its a hold area for me at worst. I do think BRCM could be bought right here though and I just may. For me I am betting on the uptrend continuing which means buying 3 wave corrections but like you I don't see many clean ones right now.

So far so good on this round though. This has been one of the best bull waves I've caught in a very long while and I really should be taking more off the table here. The day we both bought IWM was the day that has made my year so far. Hell, bully even rescued my KSS which I got caught in weeks ago

That CSCO long was a brilliant trade BTW, congrats.



To: skinowski who wrote (120085)6/9/2005 10:09:19 AM
From: Galirayo  Respond to of 209892
 
>>Since my sub to the Sentimentrader expired<<

See if you can engage Paul .. he may be Lurking around here.

Message 21293140