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To: heehee1 who wrote (41930)6/13/2002 1:46:55 PM
From: TimeToMakeTheInvs  Respond to of 209892
 
Tell me what you think. what I see is wiggle a went from 1500 to 1550, b from 1550 to 1480. so for some reason I have potential ending targets of 1515 (already toast but 50% retrace of b), 1530 if c=a, or 1550 because of resistance and top of a, or exceeding 1550 because it is none of the above <g>. tim



To: heehee1 who wrote (41930)6/13/2002 1:47:26 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Gentleman -g, I already posted the target -- NDX 1140. (Alternate is 1162)

Any print under 1114 and I give up on this wiggle. Time target-wise, this 'c' is already getting long in the tooth.



To: heehee1 who wrote (41930)6/13/2002 1:53:16 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Targets are 1140 to 1170 IMO.

For anyone that thinks sentiment is overly bearish, I took another look at the options scene again and in the last 5 trading days, over 200K new QQQ call contracts have been opened for June and July while 450K put contracts have been closed. This is for strikes of 20-35.

That tells me the dipsters are still out in full force while bears are shy right now.

Sure sign that lower prices are ahead.


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