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To: AllansAlias who wrote (3910)5/31/2001 12:38:49 PM
From: JRI  Respond to of 209892
 
Oh...I missed that (your morning short).....so I guess it WAS a good trade <G>

I thought you swore off squiggles (this 4 could last a while)...shorting here? Geez...Shack would slap you (as per your request)



To: AllansAlias who wrote (3910)5/31/2001 1:32:37 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Are you targeting any levels for the end of the 4 (or are you out of that biz?)..

I am looking at anywhere from 2150 (approx. 38% retrace of recent down) to 2200 (wedge break)....Velo also has 2170 as an important levels...i'll likely leg into positions....
but it ending somewhere between 2150-2200 makes sense to me..(I suppose a slight headfake above former wedge break possible, but I doubt it)...

Of course, the structure of the wave 4 takes precedent, but I like to have some ideas in mind....any thoughts appreciated,..