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To: Paul Shread who wrote (63109)1/8/2003 4:58:51 PM
From: Jerry Olson  Read Replies (1) | Respond to of 209892
 
Hi Paul

this looks like a normal pullback off that last weeks outside day...

it was expected...maybe we get to 900 SPX and then consolidate looking for another run to the top..

any break of 868 S&P's is real big time trouble...

but i like the "look" of the pullback on P&F so far...

the DOW/COMPX/SOX/BKX/NDX ALL HAD 3 box reversals back down today...should set this up nicely...



To: Paul Shread who wrote (63109)1/8/2003 5:42:34 PM
From: orkrious  Read Replies (1) | Respond to of 209892
 
Puts now outnumber calls at 26 QQQ:

a little more call buying and max pain could easily move to 25.