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To: Clappy who wrote (4621)6/11/2001 9:35:50 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
The NASDAQ has gapped down into the air-pocket we spoke of on Friday. Air-pocket ends down around COMPX 2165, but we should see a bounce at around 2190, which is the 38% retrace of the most recent rally out of the end of April.



To: Clappy who wrote (4621)6/11/2001 11:30:35 AM
From: Clappy  Respond to of 209892
 
It was a relief to see BTK sink with the rest of tech.
Those puts sure look pretty today.
I'll probably cash-in the rest of them this afternoon.

I wish I could figure out the count on them.
Is the drop off too fast to be a 4?
Or is it possible it's the beginning of an a,b,c correction after completing 5 waves?


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