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To: The Freep who wrote (118144)5/3/2005 12:58:03 PM
From: Shack  Read Replies (3) | Respond to of 209892
 
OSX is interesting too. Needs to decide if its in a wedge off the highs or about to launch into a (iii) of 3 down.

I took on some SLB poots this morning. This is the last time I do this, it has to collapse now.



To: The Freep who wrote (118144)5/3/2005 1:17:13 PM
From: skinowski  Respond to of 209892
 
Looking at TOL - the stock came down in 2 impulsive looking moves, and lately has been chopping around. Can't see how one could trade it based on EW... it's equally well positioned for either up - or down.

My bias would be (marginally) down, but the stop is way too high... above 82. Higher than that - hard to believe, but the thing would be still in an uptrend.



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