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Strategies & Market Trends : News Links and Chart Links
SPXL 212.96+0.3%Nov 7 4:00 PM EST

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To: ajtj99 who wrote (3489)11/5/2002 1:07:31 AM
From: Shack  Read Replies (1) of 29594
 
I'm onside with that possibility ajtj. I am not happy with this being the top on a couple of fronts.

One is I find the VIX too high.
Two is from an e-wave standpoint, we had the DOW make a clear 3 wave move off the 29th into today's high. That is not usually terminal.

On the other hand I do see some very bearish patterns on certain stocks and can make a great case that they have seen their highs.

Interesting times for sure.
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