O 2o80 2060

"I would have been stopped out the next day (I), having salvaged nine ticks. Subtracting costs, I would have made $4 on the trade, and so would then have been down a total of $84.

"I-K was a correction. I would have tried each day to sell a breakout of the low.

"When the market finished correcting at K, I would then have been able to establish a trend line from point J to point K.

BOIN DAILY 1991 1991 1991 1991 5148

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