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Post# of 79025
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POKERSAM

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POKERSAM

Re: None

Sunday, 01/22/2006 11:04:57 PM

Sunday, January 22, 2006 11:04:57 PM

Post# of 79025
All - From the looks of things right now I will shorting into any strength in the morning. Wave three will be a long one so we have a good ways ot go down befor we get a countertrend wave 4 bounce. I don't think wave 4 will be tradable for swing traders. I would check Ted Burg's charts for support and resistance points. Wave three no doubt will end at one of them.

It would scare me to death to be long now and if I was I would sell into any strength. Instead of looking for an entry point to go long you should be looking for an entry point to go short. Since the trend changed on 1/11/06 you need to change your thinking. It is always easier to go with the trend. If you don't think that is true watch a salmon jumping a waterfall.

POKERSAM
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