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To: Henry J Costanzo who wrote (101121)7/12/2004 11:32:44 AM
From: jjstingray  Respond to of 209892
 
Only problem, options liquidity sucks. Even if the stock drops a bit more, the options will be tough to get out of. Also, it could be doing an A, a-b-c B, and now it is in the C. That would portend another couple of bucks down.



To: Henry J Costanzo who wrote (101121)7/12/2004 11:33:46 AM
From: JWest0926  Read Replies (3) | Respond to of 209892
 
wow, weak open. Wasn't expecting new lows for a few days.

Possible reads-
this ams down was 3 of 5 of 1 of C down

or this down began 1 of 3 of C down.

I'll have to favor the less bearish.

Whos got the bull count? I'm still looking for another touch low today/tomm at least.

JWest


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