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To: The Freep who wrote (53170)9/13/2002 9:37:35 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Nope, we got down vis a vis yesterday's close as you can see.

I know only a few things:

1) For a wiggle 5 wave count off the top this week, this should be buyable this morning for the wigglers.

2) Of course it could be more a more complex count, but one always faces that possibility. If you're a wiggle short, go with the easy count and take some off the table.

3) Traders might be looking up, I do not have a read there, but sentiment is "confused in bearish territory" here. No time to hold on for the kill imho.



To: The Freep who wrote (53170)9/13/2002 9:39:01 AM
From: yard_man  Read Replies (1) | Respond to of 209892
 
I think we got the countertrend bounce on the futures before the open and with the retail sales ... OTW we'd have been down more??

when's HON gonna open??



To: The Freep who wrote (53170)9/13/2002 9:39:48 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Look at the ugly open by GE. You'll want to look from the July low to see the potential significance.


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