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To: Shack who wrote (74693)3/2/2001 3:06:11 PM
From: KeepItSimple  Read Replies (1) | Respond to of 436258
 
Stop hitting the glue bong. It's obvious we're headed Downtown in a hurry starting 10 mins ago..

>Not yet. The timing is right for an upmove here and we never did break
>that line.



To: Shack who wrote (74693)3/2/2001 3:09:00 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Here's you TL test Shack. 1930 and you are going short like a mutha, eh? You live in the inner city? I am not going to short at the break because if this is an impulsive move off yesterday's lows, then as I said earlier, we may just get a nice pukey correction that mirrors the correction that start with this morning gap-down. (EW-wise, an ugly 4 to go with an ugly 2. Of course, there is that 40% chance I figure that we head down from here, but that's not good enough for me yet.
If we take out this morning's low, I'm with ya on the mutha.

(edit: Looks like it's mutha time for ya. Hope you are right and nail a good one. Sincerely.)



To: Shack who wrote (74693)3/2/2001 3:22:10 PM
From: AllansAlias  Read Replies (4) | Respond to of 436258
 
Failure. I am short.

The new low changes everything for me.

(edit: It's still jello territory so a tight stop is required imho. That 60%/40% thing just went the other way for me. Still, it's only 60/40 for me, so no time to be agressive longer-term though unless we take out this morning's low.)