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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (11648)	10/21/2010 6:21:07 PM
From: TraderMann	Read Replies (1) \| Respond to of 223021

From my TA and chart analysis, as said in the earlier email, I feel we are in a trading range and that this range is moving higher as we have this up/down movement and it also supports EW principles. I feel we will hit that 1165-1162 area tomorrow or Monday (you are correct by my thinking). Then we should rebound higher Monday/Tuesday to the 1184-1188 area, then move downwards toward lower part of the trendline (moving higher as this up/down movement occurs) at a projected point(1173-1170) and then rebound back to..., etc. This is why I have been trading the moves higher and lower...when I trade as such, I trade as my TA/charts predict (that is why I expected a down day today). A bit more stress and much more time spent on TA and chart building. You use your model signals as they come, a lot less stress I would assume.