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To: Shack who wrote (41292)6/7/2002 11:30:12 AM
From: JRI  Respond to of 209892
 
Entered a 1/2 short position there...will hold 2nd half until 1535 (and then release)..

I don't buy the Intel turnaround story rest of day/can't believe we'll fill today's gap....wedgie up sounds right to me...thinking, at least for a spell, we go down again within next 1/2 hour..

We could revisit lows today, IMO...certainly, i think we do next week (and break)...you think we possibly just put in an a-b-c corrective of gap down (already?)



To: Shack who wrote (41292)6/7/2002 11:56:59 AM
From: ajtj99  Respond to of 209892
 
An attempt to fill the gap. BTK is 2/3rds of the way to filling its gap, so it would not be unreasonable for the COMP and NDX to do the same. There is a lot of air between this AM's lows and the lows yesterday, with the exception of 1142 NDX.



To: Shack who wrote (41292)6/7/2002 11:58:52 AM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
It appears the NDX is breaking the uptrend from this AM. We'll see if it tests the lows from here.