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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (135081)8/3/2006 2:13:08 PM
From: bcrafty  Read Replies (1) of 209892
 
Shack, are you speaking of an ED on SPX from the July low with a target of 1290-1300? If so, then I'm looking for that too and counting this leg as a "c" of a B that began at the June low.

If it works out that way then from the May top A=C would be good for a little over 100 points down. I'd like to play it buying SH or buying October SPY puts. What's your choice?

Have you noticed I've been making lots of "if-then" comments lately? <g>
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