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To: Paul Shread who wrote (74183)5/20/2003 3:49:02 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
I think down is done for a little bit. We have a very clean 5 wave decline off the DOW's opening high on Friday. Either that was a C wave and we go make a new high now or we get a correction or a brother. Either way I dumped the ES short I was carrying.

Even if we get the only the latter, I think it will be very strong.



To: Paul Shread who wrote (74183)5/20/2003 3:50:21 PM
From: Louis V. Lambrecht  Respond to of 209892
 
Almost a matching lows. IMHO and readings, these bullish candlesticks are reversal patterns. HPQ hardly showed a down trend from mid-April. Invalidates the figure.


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