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To: AllansAlias who wrote (2045)5/8/2001 2:33:31 PM
From: oldirtybastard  Respond to of 209892
 
with everyone expecting some sort of move following sickso tonight, will be interesting to see if we get another day of jello tomorrow, straddle seems too brainless here, bwdik?



To: AllansAlias who wrote (2045)5/8/2001 2:42:13 PM
From: CharlieChina  Read Replies (1) | Respond to of 209892
 
Looking at the NASDAQ, we may just have a perfect bear flag from April 2 to May 2, which is a perfect 4 weeks.

No doubt the market is waiting for Cisco, that being said, IF we get a breakdown from this flag, the market may/should be retesting April lows within 3 to 4 weeks, May 31, 2001. However if we break 2250 lots of fireworks on the upside.

Looking at the VIX and the US Treasury Bond June futures, the market seems to have positioned its self for downward momentum, that being said, big money, is surely, being very careful not to show any cards at this stage.

One thing is for sure, whichever direction, I doubt, it will be dull.

Very dangerous markets.



To: AllansAlias who wrote (2045)5/8/2001 2:42:27 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
2:30 upmove got underway about 10 minutes ago.