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To: martin001 who wrote (5168)6/15/2001 12:41:36 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
I guess I wasn't clear enough.....I was expecting/am expecting one more really good run up today, and then a shorting op (my thinking is a "b" of an a-b-c..we are completing the "a" now)....If I catch the "b" right, I get out when the b has run its course and/or end of day (whichever comes 1st....likely, I'll close on any good gain today, if I get it, for "b" likely goes to overweekend, and I don't want to hold over weekend)..

Up "c" comes starts late today or Monday.....then comes to real good shorting op...hopefully near 2100...

BTW- My Elliott skills are suspect at best, so take it for what its worth....I'm taking my guts feels and channeling it into a count, although it is not unreasonable (and likely logical) to see the activity of the last couple days as impulse down...and given the size of the move up this morn, a corrective count would be a good guess I reckon...



To: martin001 who wrote (5168)6/15/2001 1:52:36 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Went short a minute ago, think this thing breaks down and retraces a bit here....maybe some up into close, but down first....just looking for a scalp...

The inability to decisively break above gap makes me question a melt-up...small bet, clear exit point..hopefully this isn't one of my "i'm bored" trades...