i hope your scenario, which matches mine pretty much, except i tend towards 1250 rather 1150,but would love to see your worse case Because if we get1150/1050 we really have a solid intermediate term rally ahead, the kind i like:) Max BTW my longest channel measure is calling for 1050 in this time area.Max Europe having a very bad night thus far, but U.S. futures are up--NDX qouting now at 1008, 10 points above todays close, so it looks like their desire is to get a gap-up today,but at 5;20am, it is early yet. Nasdaq new/lows chart, like to see it break that 400 level. stockcharts.com[g,a]decayyay[df][pf][vc60][J4708578,Y]&listNum=1 NASI is now in the zone that in the past has led to levels below minus 1000. stockcharts.com[g,a]dallnyay[df][pb8!a-250!a-750!f][vc60][ilb14!la12,26,9!lp14,3,3][J4628176,Y]&listNum=1 |