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To add to my preceding posting, according to my 50% accurate count,
it's also possible that we are in C of ABC correction. That's why I'd
rather rely on my indicators.
Jan Philipp
----- Original Message -----
From: "Ernie Bonugli" <ebonugli@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 18, 2003 7:01 PM
Subject: [RT] What to do?
> Where are we going from here?
>
> While the BBC peaked and has issued a Short order, I chose
> to sell only half of my long position. Either way, I will regret
> it tomorrow. The BBC, at times, has a keen sense of an
> upcoming direction change, today you can see the BBC leading
> the mkt to the short side despite the slight price
> divergence. My longer term private signal, is still bullish and
> shows no sign of letting up and unfortunately it takes some
> gut wrenching DrawDown before crying uncle.
>
> BBC does not have a clue how far the moves are going and is
> also at its weakest on strong trending mkts. Probably the
> case for all indicators of this type.
>
> We will see!
>
> Ernie
>
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