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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (164559)3/14/2008 10:22:58 AM
From: jjstingray  Read Replies (2) of 209892
 
Well the read is clear here. We begin the 3 up here since we did not take out the lows. Now if we head back down, it could get ugly. But, that does not look like the case. We tested 1270, and now we just retested again. This should set a nice medium term bottom. I would love to see the Fed cut huge today and we see a 500 point rally.

Sigh, I had BSC puts that I sold for $7.00 9 days ago. Today those puts were worth $55.00. That hurts. vbg.
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