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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (134011)6/30/2006 2:47:33 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Hypothetical ED's have been yakked about endlessly around here, including by me. I think its pointless to discuss them until we are into a putative (v), but that's just me. You may be right but its just not helpful in a trade.

FWIW the indices have been so tough to read for so long IMO, that I barely look at them anymore. B up, new impulse, it doesn't really matter to me with so many stocks having gone in so many uncorrelated directions for so long. Its not surprising the indices look like gelatin, although the overall trend (albeit a weak one) remains up. Playing classic TA set-ups on individual issues is serving me better.

How about BBI for a mini launch here? Starting to look perky and has been in that consolidation just under $5 for a 2 1/2 months. I'm in July 5's for which I paid all of 15 cents.