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To: UnBelievable who wrote (77359)3/8/2001 4:22:46 PM
From: Bull RidaH  Read Replies (1) | Respond to of 436258
 
The fact we didn't break down raises the probability that we need to move the labeling of 3 of 5 of C from the 10am peak to the 11:55am peak. This means the mid afternoon selloff was probably 4 of 5 of C, and the late day rally was a of 5 of 5 of C. This would target the 1267.5 area for the end of 5 of 5 of C, which also is the target area for the descending triangle pattern formed yesterday.

The NYSE/Dow count may be more bullish than this one, and the Naz count has already begun it's next leg down, and the SPX is caught in the balance. All those calls Luc bought today probably didn't help either. -g-