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To: skinowski who wrote (70790)4/7/2003 7:41:58 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Yes, that is the double top scenario I just mentioned. But there still seems to be too many bullish charts out there in individual stocks for us to point down now. Commercials would likely be shorter the SPX too.

Tough call but I would be very surprised not to see some follow through to this reversal.



To: skinowski who wrote (70790)4/7/2003 8:36:12 PM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
That's all of wave C we'll ever see, IMO.

Here's some charts and candle comments. Throw your slings and arrows, but know that today's SPX candle is the single most wicked reversal stick I've seen in the last 3-years:

investorshub.com



To: skinowski who wrote (70790)4/8/2003 12:02:54 AM
From: steve from ihub  Respond to of 209892
 
That is my non elliot wave reading as well fwiw.
steve