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Lenny
Well we blew through that resistance, where do we go next? I've never been
any good at picking actual numbers and have to let my system call them. As
you might see, since we don't do charts other than to look at the pretty
pictures, or try to estimate tops and bottoms, we're clueless as to where
this move will take us.
When we make a trade, we
1. have absolutely no idea how high or low the market will go,
2. have absolutely no idea how long we'll be in the trade
The ONLY thing we are fairly certain about is that we have from 70-80%
probability that if we're long, the market will finish higher than our entry
point, and vice versa.
Guy
Paranoia...you only have to be right once to make it all worthwhile!
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of ROSOW@xxxxxxx
Sent: Thursday, June 01, 2000 8:46 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Careful - is that a sell lurking in the bushes?
Guy,
I see the Naz moving 100 - 140 more points to the upside before hitting
major resistance. It just broke through the first area of resistance @
3477-3503. The way it's been moving this could happen by 10:00-10:30 AM!!
(ggg) Lenny
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