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To: AllansAlias who wrote (48294)7/31/2002 10:57:04 AM
From: yard_man  Respond to of 209892
 
thanks for the warning --



To: AllansAlias who wrote (48294)7/31/2002 10:58:28 AM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
AA, did you dump you Orcl puts? Did I read that wrong? This market is headed to 1140 at least in my opinion.



To: AllansAlias who wrote (48294)7/31/2002 11:07:18 AM
From: yard_man  Read Replies (1) | Respond to of 209892
 
>>If this H&S starts to break but breaks weakly and does not get to the measured move with pace, then imho this is a trap and the Dow will put in a wave 5 up to that 8890 area (the alternate count off last week's low).
<<

that's really wiggles, though

This is something that is going to catch on soon ( the headline -- nto the content) -- maybe not before Aug expiry, but certainly before Sept. I might roll some bets out if we get ur wiggle up

biz.yahoo.com

stocks aren't priced for this -- not at all.

You should get to NPR and hear the story about couples cashing out of the stock market in order to put money into something safe: Real Estate.



To: AllansAlias who wrote (48294)7/31/2002 10:39:01 PM
From: John Madarasz  Respond to of 209892
 
$INDU Weekly updated 7/31/02

stockcharts.com

i know you said you don't believe in this H/S...but i'm putting it up anyway as a heads up.

The neckline in question falls right in the area of the 76.4% to 78.6% retrace...but i still wouldn't rule out the possibility of a double top. i think the d/t is unlikely due to seasonality.

Take a look at this calendar day time count of combined breadth...it is targetting a low between Sept 10th and October 1st...

boomspeed.com