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To: Shack who wrote (56235)10/11/2002 1:42:45 PM
From: JRI  Read Replies (1) | Respond to of 209892
 
Decided to eat in, and just short some QQQ (small position)..despite my fears of this thing holding up, I had to place (a little, at least) on a bet that those who made ungodly money since the bottom yesterday.....will want to cash some in (before end of day)...Shorts have been scrambling for 1 1/2 days now, and even in the bullish case, some corrective would not be unreasonable



To: Shack who wrote (56235)10/11/2002 1:45:16 PM
From: NOW  Read Replies (1) | Respond to of 209892
 
sorry for the ignoranat question Shack, but what will be the first solid indication that the latter scenario is wrong or correct?



To: Shack who wrote (56235)10/11/2002 1:46:09 PM
From: jimcav  Respond to of 209892
 
If you're count is right a nice place for this C of the flat to end would be 7969 (the A high) to 7975 (if C were to equal 1.382A)
oops..edit-1.382 * A would be 7991



To: Shack who wrote (56235)10/11/2002 2:05:15 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
Although Keller has the 5 down comlete
from the 10/2 high, and a larger 5 down complete from August, he's still very bearish seeing a high to this rally near 7600 (which we already passed) followed by a low of 6400.

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