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I also had a short sale fail early on, then had 5 failed long entry setups
and 2 failed short entry setups .. a failed setup being a stop order which
failed to trigger entry before the setup failed. Bottom line not the kind of
market in which I want sell a market until it's proven where it is going,
especially when my NASDAQ AD Volume oscillator ((AdvVol-DecVol)/TotVol)
locked in long only mode above .50+ and my NYSE AD Volume oscillator well in
positive territory. If this is a short term top, and I think it is, then
there will adequate opportunity to get on board - quite likely tomorrow
morning. I believe we need at least two consecutive lower closes to setup
the next leg of any rally.
Earl
----- Original Message -----
From: <schnake1@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, August 01, 2001 12:50 PM
Subject: Re: [RT] S & P
>
> well of course! i did well the last time i did it, but it would have
> been my second entry today. the first failed. mysecond failure was to
> not pull trigger the second time
>
> steve
>
>
>
> --- In realtraders@xxxx, Don Thompson <detomps@xxxx> wrote:
> > Isn't there a rule that to honor one's life as a trader it is your
> > obligation to sell a double top.
> >
> > > > realtraders-unsubscribe@xxxx
> > >
> > >
> > >
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> > >
> > >
>
>
>
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