Posted 8/29/2013 05:21 (#3295551 - in reply to #3294452) Subject: Re: What do you say, jay, may?
Hi fry,
I wouldn't be too worried about missing that buying opportunity. The blue forks ML is the minimum expected pullback. You also got almost every trader in the world wanting to short the retest of those triple bottoms. At minimum, they are going to hit it hard enough to give you an opportunity where you can use the last pivot to lean on if you want to. Everybody that was long remembers those triples, they want their opportunity to get "theirs".