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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (61590)	12/13/2002 4:34:28 PM
From: skinowski	Read Replies (2) of 209892

Yeah, the H+S look impressive. I think that a case may be made for a bounce: bullish MACD div’s on the 15, 30, and developing on 60 min QQQ charts. Additionally, it looks like the index has just completed 5 waves off yesterday’s high, so, it may now go and test today’s gap, making another ‘little’ shoulder. This was enough reason for me to cut down on my Jan. puts at the close, hoping to buy them back cheaper on Monday. (Wasn’t around today, but was watching you do some nice surfing yesterday, for nice numbers of points… I’m sure you enjoyed the ride -g)

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