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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (12114)3/16/2001 4:06:00 PM
From: DaiTN  Respond to of 37746
 
Long FDRY, AFCI, AHAA at the close. Anticipate a gap up Monday morning.



To: velociraptor_ who wrote (12114)3/16/2001 4:06:45 PM
From: Rambi  Respond to of 37746
 
SInce I'm not as experienced and calm as you (and want to sleep this weekend) I have sold most of the puts but kept some of the PTs for MOnday. They are now free and also are the lowest priced ones I bought so I'm comfortable with that.
I am extremely grateful to you for all your help and will toast you with an excellent chardonnay this evening, which happens to be my wine of choice also.

Merlot makes my nose red, but seemed the proper accompaniment to the live raw cow.

To all the intrepid, funny, and kind denizens of Sharck's Soup, I wish a happy weekend. See you Monday!



To: velociraptor_ who wrote (12114)3/16/2001 4:10:02 PM
From: KevinThompson  Respond to of 37746
 
I covered everything except NVDA. It still has some gap to fill. Good market calls! Thank you for such well done charts and analysis. Have a great weekend.

KT



To: velociraptor_ who wrote (12114)3/17/2001 8:46:12 AM
From: minorejoy2000  Respond to of 37746
 
Velo,
On your website you state "The index broke the upper trading range line suggesting that wave 3 has not started yet and that we are still in a corrective move." (This is before Friday's action). And "If we break below 1170, then we have to look for support near the recent lows near 1155."
Then you state "I suspect that the 3rd full wave down from the 1380 top will end somewhere near 1170, and the 5th wave down near 970, giving us roughly 200 points down for each leg."
So I am confused. We're now at 1150. According to these numbers, is wave 3 begun or done? Or are you talking about two different wave 3's (3 of 3 of...)? Jan 31 or so was 1380. Any time targets for wave 5 @ 970?
M