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To: Shack who wrote (20346)11/9/2001 10:32:30 AM
From: JRI  Respond to of 209892
 
I bailed on all my shorts back there...glad I did now....going to get back in higher....thanks to you, JoT, AA for the spot on counts (lack of impulsive down) there...I saw the danger, and got the hell out..

I'll be shorting again later...



To: Shack who wrote (20346)11/9/2001 10:37:45 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Bullish view of day:
That marginal low at the open is the end of this immediate down leg and we now do corrective up (correcting the down leg we have just finished) for most /rest of day.

Bearish view of day:
This is all part of a small degree corrective wave that is just part of the immediate down leg and we soon head to new lows.

Note that I don't give a scenario for new highs today. At this point, I can not see that.



To: Shack who wrote (20346)11/9/2001 10:39:01 AM
From: Shack  Read Replies (2) | Respond to of 209892
 
I am planning to play the wiggle down i think is coming shortly because there is the outside chance it could be a '3' of '3'. I thnk it is more likely the '5' and I am planning to go long at the next low because that is the better odds play.