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To: Shack who wrote (68485)3/13/2003 8:43:52 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Shack, I can’t believe it! You DID get your “sister” leg! And it is even steeper than the first one! -bg.

NDX broke the March 3 high like if it’s no big deal. ES 839 ½ - 840 is the point where the first leg out of yesterdays low equals the second – as well as the 78.6% retrace of the decline off March 3. Above ES 840 bears got a problem. (And I am at this point still a bear). Became too complacent and dropped my NDX hedge… this month. Was nice while it lasted.