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To: Shack who wrote (9540)	8/9/2001 11:31:24 AM
From: marginmike	Respond to of 209892

I dont think we retest 1600 on comp till Oct so i think we are just lowering the trading channel.

To: Shack who wrote (9540)	8/9/2001 11:46:20 AM
From: martin001	Respond to of 209892

Yeah my rule is a 3rd bottom never holds - well usually <g> So I'm long here but I wont stick around if we start to move back toward it.

To: Shack who wrote (9540)	8/9/2001 12:17:37 PM
From: JRI	Read Replies (1) \| Respond to of 209892

Playing off of Bobcor post last night, wondering....if we just finished a 3 of 1 (on COMPX and SPX).. Thus, we may be in 4 of 1 now, then 5 to come, then corrective 2 next week....well, that might get us into end of options ex week in fine fashion (around these levels? A little bob(cor)-and-weave? Setting up some major 3 down after options ex? Note to thread: "Playing" options ex "effect" worked better earlier in the year, IMO...in June, I missed some great down, because I thought market would hold up better that week. QQQs are pointing to 41 right now (42 still a possibility). Final note: Could be that we only finished 3 of 3 this morn...and this is 4 of 3...Shack, are you still uncomfortable with yesterday/today to call it impulsive?