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To: Paul Shread who wrote (31124)2/14/2002 10:47:34 AM
From: AllansAlias  Respond to of 209892
 
Opening Dow volume heavy, CBOE p/c around .9 -- not shorting territory imo.



To: Paul Shread who wrote (31124)2/14/2002 10:47:43 AM
From: velociraptor_  Respond to of 209892
 
Yup, but you always have to be aware of the classic throw-over move on the 5th wave to those wedges. Where it breaks up out of the wedge, only to fall back below later. This is more common than a full bullish break up out of a rising wedge.