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To: jjstingray who wrote (114512)	3/9/2005 6:52:45 PM
From: Shack	Respond to of 209892

Depends where you look. I'm long BSC for instance from a few bucks lower. Look at the daily...should I sell? Would you? But I hear ya', I have some targets for puts too, I just don't think everything is about to tank. HAL looks quite vulnerable.

To: jjstingray who wrote (114512)	3/9/2005 6:58:55 PM
From: Galirayo	Respond to of 209892

jj .. today was Tangible Assets Day. And Take delivery of them. Dump Paper. Strange Day. Like hints of the Inflation Word or worse yet ... R Word. Ray

To: jjstingray who wrote (114512)	3/9/2005 7:16:28 PM
From: marginmike	Respond to of 209892

jjs not bearish time yet, but damn close. We have simply tested breakout... now what. We had 5 then 3 and now look to be in the 2 of 3 of 5 of 5 of 5 of the oct low. 1250-1280 target.....

To: jjstingray who wrote (114512)	3/9/2005 7:31:49 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

I also don't think it's time to short at will, JJ. I think it remains time to go long bullish setups and go short bearish ones, as both seem to be working on stocks. I'd say unless your wedge breaks to the downside (which could happen) the bigger trend remains up in non-tech. That could change, and banks do look icky again, but oddly, today didn't do any damange in tech-world. SOX still looks fine, etc. And we ended with a high TRIN to boot. We could be starting big down, but we've been saying that on many a down day this year. ER might very well have nailed this perfectly, but now the risk reward probably means waiting for the first bounce... if we keep sinking. the freep