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To: bw who wrote (12553)2/23/1998 1:23:00 PM
From: davep  Respond to of 95453
 
bw,i agree,longs should have been out last monday if not the previous week.stocks went right to resistance where you sell or stay out but still people on this thread adopted the it'll be different this time mentality-one day it will be different but better to be wrong on that one occasion than on the many times that there is failure on the breakout of resistance.Why some one would be buying into selling is suicidal.Buy on supports and on bounces right now we are testing supports with a good possibility of breaking through them-poor momentum not something to sleep well at night with.I think we'll we at jan lows soon-sell low or sell lower?