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To: skinowski who wrote (67172)2/22/2003 2:32:04 AM
From: nspolar  Respond to of 209892
 
Skin, cool stuff. My count in addition to the other stuff I posted, is bearish too, imo of course.

Today was all options chit. They squashed em like poor little bugs. Gave up a few pennies on some 75 dollar calls and that was about it. A few other stocks I looked at turned out pretty much the same.

Adds fuel to my opinion that this correction in the indexes will turn out to be an ABC, not an impulse up. The c of the first abc doesn't look impulsive to me, and is why I asked jj about it, with ref to the SPX. But I'm not the expert here. You guys are. I was also in looking at my decisionpoint stuff. The McClellan on the SPX didn't impress,lower low that than the last peak, and the 5/10 % indexes didn't impress either.

If I wanted to anticipate some more the EBAY Jul 03 70 puts look pretty cheap to me, after today. I already have some.