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To: SE who wrote (30960)8/19/1999 11:32:00 AM
From: F Robert Simms  Read Replies (1) | Respond to of 44573
 
Scott, I don't know if this is what Bull is thinking, but markets usually don't go straight down. Often when the market drops below the 34/30 ema it will come back up and kiss it before it goes back down. This is because a drop below would be wave one and wave 2 would come back up before the long wave 3 down.

Best Wishes,

Bob



To: SE who wrote (30960)8/19/1999 11:32:00 AM
From: Gary E  Respond to of 44573
 
Long 2 @ 1322.00



To: SE who wrote (30960)8/19/1999 11:36:00 AM
From: Nemer  Respond to of 44573
 
short 5 at 1323

out at 1322

short 5 at 1322.50

out at 1321.75

long 5 at 1321.75

out at 1322.75



To: SE who wrote (30960)8/19/1999 12:59:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 44573
 
Whoops.. I believe you're right.. It IS 1238. SELL 3 to close @ MKT <1323>... But I won't go short til we hit that 17.75 area.

Back to the pool. <the sand's too hot today!>

<edit> cancel that 1338 order... 1338.... Yeah Right!!!