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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (486)3/6/2003 4:32:38 PM
From: Shack  Respond to of 41659
 
I should also not that the aforementioned brother rally might very well not happen until we see the mid-feb lows again.

I wonder is the COMP wedge/ED I am seeing over the last couple of days will prove to be a bearish consolidation. If we gap down out of that we'll be at COMP 1260 pretty quickly IMO.

Lower line at 1298



To: Shack who wrote (486)3/6/2003 4:35:22 PM
From: the-phoenix  Read Replies (2) | Respond to of 41659
 
This is what the market does to us. I am short a bundle of ES and will probably cover most when Globex re-opens for fear your brother rally starts tomorrow. Just the thing for a Friday - opposite the week and all that. (Plus - Bad Thursday, Good Monday.)

Last night I didn't short the close, trying to finesse a higher entry overnight, because I thought they might take it higher this morning. I ended up getting in well below 830 today.


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