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To: Death Sphincter who wrote (72015)4/24/2003 1:47:00 PM
From: nspolar  Read Replies (2) | Respond to of 209892
 
I think 3M has already retraced below what it should, if there is yet another leg up. This leg started in Oct and hit 130 at the end of an apparent 1 up. Been kind of messy ever since, but if it is in a 4 for example it should not have retraced this far imho.

If you go back further this major 5 leg series started in Sept 01. Timewise the 5th has been going on for roughly 6 months, longer than even the 3rd.

Looks highly likely it is out of gas (and time). Time ever so important some times.

And then there is SARS. Shite sounds ever more serious, and fundamentally could really knock the market for a loop.

Sorry no time for chart. Got to go help mspolar.

Like long term puts too.