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To: Shack who wrote (61494)12/12/2002 8:42:35 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<< It still looks to me like we are building a weak right shoulder on an SPX inverse h&s.>>

Inverse h&s's IMHO cannot live in rarefied atmospheres. ...and SPX between 892 and 908 - down 50-60 points after a runup of 185 points since October still looks to me like pretty rarefied atmosphere.....

..........BTW didn't we have this conversation once before about some SOX h&s's??? <VBG> .. :-)



To: Shack who wrote (61494)12/12/2002 11:12:36 PM
From: NOW  Respond to of 209892
 
If we gap up, I say we run a bit to the upside for a few days. If we dont, we go down here for at least 200 points DOW IMO