CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: venividivici who wrote (4779)	3/9/2006 8:02:06 PM
From: skinowski	Read Replies (1) of 41463

Still, I think we've done 5 down, now we do 3 up. It sure looks this way. NDX made new lows, so it is likely that our bearish versions from last night and this morning were correct. But the new NDX low is so far unconfirmed by other majors... even the COMP. SOX did make a new low, but in a somewhat corrective-looking decline since this morning. I had a fairly good week - in part, maybe because I was very busy with other things... and had to keep it simple. For example, this morning I saw a possible break in SPY, and shorted some in the 128.40's with a stop against new highs... and walked away. Covered at the close at 127 1/2. Sometimes being right is a matter of luck... but being right is what counts... ;) Also closed the short Q's after hours. I think the market is likely to bounce around for a while.... and for the next 2-3 days I'd rather focus on the (hopefully) moguls up in Stratton, VT.... ;)

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