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To: Shack who wrote (75669)6/9/2003 11:41:49 AM
From: Jack of All Trades  Respond to of 209892
 
Sorry, I was looking at the uppertine of the fork thinking for some reason we had one more down wave to go.



To: Shack who wrote (75669)6/9/2003 11:50:36 AM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Shack, the one thing I am concerned with here is this. As I just posted, if we take out 1190, then I believe we will be moving down impulsively, ie: the A of our ABC/iv correction. But, if we get a brother to the A, I think it is going to take out all trendlines that have supported this rally. That is of course unless the B up either goes to the previous high or a bit higher.

But alas, we have not really taken out 1190 which is the a=c off of the highs on Friday.



To: Shack who wrote (75669)6/9/2003 12:09:46 PM
From: At_The_Ask  Read Replies (1) | Respond to of 209892
 
Anybody think we melt here or do they jam it again?



To: Shack who wrote (75669)6/9/2003 12:09:46 PM
From: At_The_Ask  Read Replies (1) | Respond to of 209892
 
Anybody think we melt here or do they jam it again?



To: Shack who wrote (75669)6/9/2003 1:51:00 PM
From: JRI  Respond to of 209892
 
If this is a start of a 4 (very early days yet still), it certainly has not had that "frustrating" action that one would expect so far, IMO (little crack of the door open that this is something more?)...but let's see what the close brings..

I'm thinking we really bounce first, if this is a of 4, at SPX 965, Dow 8800, and NDX 1170..this only valid (IMO) if we crap into close here..