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To: At_The_Ask who wrote (65950)2/11/2003 3:07:31 PM
From: Jack of All Trades  Respond to of 209892
 
Yup, I see alot of stuff on the brink... But I'm not going to commit anymore $$ to puts after today for a bit. Todays buys were with house money from today's ES trades... Followed the 3min forks pretty well today... Especially the open...



To: At_The_Ask who wrote (65950)2/11/2003 3:08:05 PM
From: sa-mule  Read Replies (1) | Respond to of 209892
 
you bought poots??

just great, now we rally!! :)

they are holding the ndx, CROOKS.

sam



To: At_The_Ask who wrote (65950)2/11/2003 6:17:23 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
AMGN is not behaving right for this to be the terminus of the wedge. I think we have a thread-wide case of "premature diagnolation".-g/ng

Anyway, I still think the wedge is the right pattern but as you have mentioned, it is probably expanding. Its hard to read the shit inside a wedge but my guess is the 'c' wave ED out of the Sept 2002 low is only in its 'iii', not the 'v'.

I will be taking my poots off the table. Another "educated" guess is that we will visit the Jan 27 low around $50.25 before we continue to grind up into that monstrous resistance on the weeklies. I think that wiggle dump from Jan 24-25 is impulsive and needs a brother. That is where I am bailing hopefully. If I miss the payout so be it, but its not acting how it should for teh money move to be at hand.