ripe for shorting?, page-24

re: ripe for shorting?/qan what do you think?

Yes, I trade my levels in the market because i have a 'model of expectation' about what will follow.

if the close of the day goes against my position i'll cover, like yesterday. Shorted 10.52 yesterday covered near the close

Short today 10.83.

My methods provide points in the market where there is a high probability that the market will stall and reverse, but doesn't mean it is a forgone conclusion.

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From: "amtrade_group "


Date: Fri May 9, 2003 12:03 pm
Subject: BHP.

So for me to minimise RISK i would prefer to buy around 8.27 and
the .618 of the quarterly Pivots,

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the lows on the 20th MAY were 8.23.



Everyone can do these levels in the market and understand price structure, its not hard.

http://datafeeds.com.au/whocares.html

don't waste your TIME with normal T/A methods.