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OK, but the counts aren't showing....
> -----Original Message-----
> From: JHP [mailto:jan4123@xxxxxxxxxxxxx]
> Sent: Tuesday, February 18, 2003 10:44 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] What to do?
>
>
> Ernie,
>
> Against my better instincts, I'm going to say that according to my wave
> count -
> - 50% accurate :-) - we're in W.5 which still hasn't been completed. Also,
> the
> attached chart shows the yellow indicator turned down and cyan turning
> flat.
> If cyan turns down, I'd exit the long trade, but if it keeps going up and
> yellow
> turns up too, I'll wait for both to turn down again before
> exiting. By that
> time,
> yellow might form divergence.
> Your indicators are similar to mine if I'm not mistaken.
> Will post my chart tomorrow after the market (at least you won't
> see my red
> face).
>
> 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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> >
> >
> >
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> >
> >
>
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