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To: marc chatman who wrote (4329)6/7/2001 10:28:31 AM
From: marc chatman  Read Replies (1) | Respond to of 209892
 
I'm looking for one final backtest of the lower up-trendline on the COMPX/NDX daily chart. That would take those indexes a bit above yesterday's highs. And it would make the current move a wave 3 (now in 5 of 3 which can be seen on the 5 minute charts) of the larger wave that began yesterday morning.

I'm currently flat and I don't know whether I'll have enough confidence to short this rally unless it plays exactly the way I hope.