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To: Clappy who wrote (92299)2/27/2004 7:27:04 AM
From: J_K  Read Replies (1) | Respond to of 209892
 
> The upside target (depending on the trend dynamic) is at > 1.483 or 1.491. Without other patterns a top at 1.483
> seems realistic so that the index can look down from there.

> This morning the futs are above the 1483 level by a half point.

Did you short at 1483 ? Some selling is going on right here.

Cheers,
JK



To: Clappy who wrote (92299)2/27/2004 8:54:17 AM
From: bcrafty  Read Replies (2) | Respond to of 209892
 
But G&C for how long?

A few hours until it hits the lower channel line around 1475? We're talking about extreme wiggles here.

Despite current wave scenarios, most indicators on the daily chart are still pretty oversold indicating the bounce form this week's low isn't done yet IMO.


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