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To: AllansAlias who wrote (50895)8/21/2002 2:12:40 PM
From: JRI  Respond to of 209892
 
OK, short on the run here (haven't covered yet)....you see any chance for failure (fake break), or is a fool's bet (we musta exhausted some shorts on burst above 1400)..

Wouldn't we really after to close above here for a few trading days to consider it a legit breakout...I seem to recall closing above (for a day or two) some strong trend lines on bear rallies, yet to fall back with channels/under trend lines..

How strong was that tick?



To: AllansAlias who wrote (50895)8/21/2002 2:12:47 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
AA, you said earlier that you were going long on the wiggle move up for Thurs and Fri. Did you do it? This rally without any sort of retrenchment sure is ominous.



To: AllansAlias who wrote (50895)8/21/2002 2:24:09 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Do you place any significance in fact that SnP 950 has not fallen yet?

And are you back on plan "up Thurs/Fri?"


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