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To: AllansAlias who wrote (31650)2/20/2002 12:57:57 PM
From: Shack  Respond to of 209892
 
I have the SOX drain in your bear flag as a '1' of 'C/3' down off the 14th. The count looks nearly done though and we should get a decent bounce by today. I am not under the impression that we would then be pointing up for anything more than a bounce.

I have the bear flag measuring to 475 or so which is the 50% retracement level of the entire rally and should be a strong area on the chart.

I do not however buy the H&S/Bat Signal pattern which looks to be forming.



To: AllansAlias who wrote (31650)2/20/2002 1:05:27 PM
From: At_The_Ask  Respond to of 209892
 
So with the rydex ultra funds you could theoretically get long\short at 1030 and then go flat by the pm?