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To: Shack who wrote (100966)7/8/2004 7:59:40 PM
From: jjstingray  Respond to of 209892
 
I sure the hell hope so. I have a ton of puts on CTX. The break of that neckline today is a good start, but I would love to see a gap down tomorrow to put some more distance between the neckline and the price.



To: Shack who wrote (100966)7/9/2004 12:42:04 AM
From: At_The_Ask  Respond to of 209892
 
Looks like we melted into the close. Possibly 5 waves down on the ndx. I'm expecting some static around the ma's but we could always dump another 50 pts and then retest from there. Hopefully we get a nice rebound that I can dump into or I'll feel foolish for not being more short.

stockcharts.com[g,a]dacayyay[dd][pb50!b200!i!f][vc60][iub14!la12,26,9!lc20][j33165642,y]&listNum=1

I added the ultra bull clown count in the pink letters though I don't much beleive in it. last year that would have been the favored because it did a running correction like that every other day during the uptrend.