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To: Henry J Costanzo who wrote (113593)2/13/2005 10:57:35 PM
From: Shack  Respond to of 209892
 
We certainly have very different wedge-recognition mechanisms in our heads. Out of the Oct low I see a straight shot followed by some rising chop which is indeed wedgy, but I certainly don't see a wedge right out of that low, just that ending chop.

Anyway while I too am looking for a little weakness here, my guess is that the SPX doesn't drop below 1185 for many weeks to come.



To: Henry J Costanzo who wrote (113593)2/13/2005 11:23:44 PM
From: marginmike  Respond to of 209892
 
Nekkei absolutly breaking up out of 2-3 year range