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To: AllansAlias who wrote (51023)	8/22/2002 4:21:07 PM
From: Doppler	Respond to of 209892

I got out of my remaining SPX puts this morning for a wash and reshorted a very small starter position at the high today. I am however a BIG bagholder now with QQQ 26 puts up the ying yang. I got 3 sets today on the spikes from 1052-1048 NDX. I got great entries too. I am mighty worried of course here. My question is this. On say a 15 min chart (wouldn't want to be accused of wiggling) if ~1050 was the top of the ABC correction earlier today from the 7/24 lows, how do you account for the double top here. 1 and 2 of 1? or could the 2nd 1050 be a truncated 5th. Which do you think and do you agree with Onischka that 1050 NDX marks the end of this bear market rally. Thanks