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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (23089)11/17/1998 2:53:00 AM
From: Doug R  Read Replies (1) | Respond to of 79260
 
Myron,

For ACET I would expect a weak "teaser rally" followed by continued sell-off,
Pops like that are just too obviously "manufactured". Occasionally I can spot a technical opportunity to "participate" in a "manufactured" move but the most salient part of the trade is in the technical recognition that the move will be manufactured, I don't think that piece of acumen can be taught by any one better than the market can teach to any individual based on a reasonably objective analysis of personal experience (a long-winded way of saying, "we learn from our own mistakes.")

Doug R