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To: Shack who wrote (34680)3/20/2002 11:29:36 PM
From: The Freep  Respond to of 209892
 
<< Also with the futures where they are, we are set up for a gap down over the Feb 22 ut line on the NDX>>

Don't forget that tomorrow morning we have the CPI, jobless claims, and the report of leading indicators (is The Freepish Contra Indicator one of them???) all before the open. I don't know that any are market moving, nor do I know which direction they'll move the market if they do.

On the SOX -- the three black crows, per Don Sew, would have an implied downside target of around 550 -- another area of support, yes? I think it's key on P+F, too. I know it's never that easy, but it's certainly an area I'll be watching, should we break support there.

The VIX sure didn't spike, and my Dow puts are the proof of that. But I do notice that your and Allan's friend JWN had a weak day. One more of those and it'll REALLY be out of that wedge <g>

the freep



To: Shack who wrote (34680)3/20/2002 11:42:30 PM
From: Death Sphincter  Read Replies (1) | Respond to of 209892
 
GAP DOWN? you mean ARCHIE would show up?



To: Shack who wrote (34680)3/20/2002 11:50:05 PM
From: bcrafty  Respond to of 209892
 
Velo is one of the few I've read
who sees an alternate bullish scenario

Message 17221837

Maybe those "cute" bears davidd mentioned will be the ones getting it right. <g>