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To: bcrafty who wrote (56597)10/16/2002 12:20:42 AM
From: NOW  Read Replies (1) | Respond to of 209892
 
bcrafty: have you been following his work closely? I noticed in the past some nice calls but his ewave sometimes seems invalid?



To: bcrafty who wrote (56597)10/16/2002 8:31:12 AM
From: At_The_Ask  Respond to of 209892
 
I agree with him that this rally has been an ED wave C. I thought we would get a push up through the upper channel though. The count I'm following still calls for new lows this year.

Puts I bought yesterday that closed at .55 according to yahoo are shown closed at $1.30 through IB. Seems like quite an increase just from futs being down a bit, irrational bull panic maybe. Who knows I may buy the dip, I'm sure we will be flying again when MSFT or someone "sees the bottom".



To: bcrafty who wrote (56597)10/16/2002 10:20:54 AM
From: rgjack  Read Replies (1) | Respond to of 209892
 
Note also the last sentence from the 60 minute chart:

"Conservative play is to wait for a 5 wave decline and a break of 7750 to go short."