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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (60859)	12/4/2002 7:36:57 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Shack, some of these findings seem to bear (no pun intended) out your ED on the SPX: Message 18301794 geocities.com Message 18301949 Message 18301973 Message 18302004 This signal appears to be pointing to a top from between 2-6 weeks down the road (sweet spot 4-weeks) and 10.5% higher than today's close.

To: Shack who wrote (60859)	12/4/2002 8:01:03 PM
From: mishedlo	Respond to of 209892

What are you thinking right here? I am thinking I missed a golden chance to go hugely short the spoos at 950+. 3 ITM leap puts would have done it. Could have pulled 2/3 off and let 1 run for a long time without giving it all back. Right now I do not know what to think. UI was waiting for next wed-thursday to play fox max pain but voilla, we closed that in 3 days. Now what. Now it is possible we keep sinking and rise back to max pain. Alternatively we just keep sinking. QQQ hit but CSCO and INTC are still way above. Third possibility is we get a nominal bounce but not all the way back to 955 or QQQ 28.7 but something like 930+ and QQQ 28.20. So you see I havent a clue but more or less I favor the third possibility. M