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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (5489)	3/17/2010 1:44:47 PM
From: westpacific	Read Replies (1) of 26251

Into the 1159 to 1176 target range; looking like an extended 5th; with one count saying a pullback and thrust up into end of week. The Megahorn Wedge remains to be fullfilled on the downside. Really shaking the shorts on this OP X week to sell into. Lets see what shakes out into the end of week. Lots of FED programs ending into month end... Reading an article from a very top rated algo trader; calling for crash in April! Long two years ahead of us and much is going to happen. Getting ready to reload shorts into my cash holdings...hedge shorts have taken a bath (10 percent of assets holding); but longer term that will not matter. Waiting on a topping candle, big selloff today would provide it... W

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