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


To: velociraptor_ who wrote (25374)5/30/2001 10:21:37 AM
From: JRI  Respond to of 37746
 
Agreed....I'd think the 4 has a shot to get back to the wedge break, but I doubt it....that was a decisive break......(2150-2170 makes more sense to me as an endpoint for 4)..makes me think that the 5 is going to be of good size.....so I am looking for some individual stocks to play (on downside)..I am thinking now that 2060 might not even hold....2000 might be as good a target...either way....should be a good 100+ COMPX pts. coming..

Given the sharpness of the wedge break, doesn't that make you think it is pretty unlikely (not impossible, but highly unlikely) that the 4 move here can morph into something more bullish? I do....Will be loading up for 5 either late today or tomorrow...



To: velociraptor_ who wrote (25374)5/31/2001 2:04:27 PM
From: JRI  Read Replies (2) | Respond to of 37746
 
Besides 2170 and 2200....any other levels you are looking at (ending of this 4?)....gaps from the other day? fibos?

On a time scale, I'm thinking it wraps tomorrow....although a possibility late today (though I doubt it)..

tia