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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: bobby beara who wrote (33247)3/27/2002 8:54:47 AM
From: ajtj99  Read Replies (1) of 52237
 
Bobby, I was referring to the bottom on Monday, not the bottom in February. My entire questioning has been the validity of the bottom on Monday and if there are any signals that may point us to another drop to lower support, like NDX 1380-1400.

By the way, I'm no e-waver, but looking at that put/call chart, if you get a 5-wave move from here, I don't see how that works with an uptrend. The put / call was at 0.66 yesterday. If you are implying that the 1 will be down, we'd have to hit 0.45, which is extremely bearish. If you're implying that the 1 will be up, that would indicate the market is going to drop. Furthermore, if 1=3, then either the run up will be short or the run down will be short.
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