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To: JRI who wrote (28275)1/15/2002 4:42:14 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Sheesh, you guys have turned into a thread of dipsters. -g-



To: JRI who wrote (28275)1/15/2002 5:06:24 PM
From: Shack  Respond to of 209892
 
The alternate to the large ED is that the Jell-O since the Monday low is just an a-b-c flat with a piss poor (although valid) 'c'. However it looks much better if you include AH activity on the e-mini. That means we get a move down commensurate with the the other waves taking us to 1545 or so.

However there is another interesting play. A smaller ED off the high today where the late rally was the 'ii' up and we have the early 'iii' down. We wouldn't get much past 1580 if that's right.

A quick break of today's lows puts either of these in play.

Today all I did was try to buy a 'b' low. It was a success but man was I bored. I hope things get interesting now!