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To: ajtj99 who wrote (115764)3/30/2005 7:45:38 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I assume there was a method behind this forecast which has everything but the weather on opex day.-g Are you long right now BTW?

FWIW I too think we have a decent shot at up here. I think the Jell-O which began on Jan 24 in tech could still be operative and missing a (C) up. Yes the (B) went a fair bit lower than the (A) but that's okay. The slow grind of the down since Feb 15 on the NDX looks corrective to me.

But the next larger trend remains down there IMO, or at least not up.-g/ng



To: ajtj99 who wrote (115764)4/1/2005 10:19:26 AM
From: Joe Smith  Read Replies (1) | Respond to of 209892
 
AJ-- Do you see a possibility that we are forming a Right shoulder at 1217? The left shoulder would be the December high of 1217 and the head the MArch high of 1229, with the neckiline the double-bottoms of 1163. It would work nicely with seasonality and lead to a test of 1100.


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