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To: skinowski who wrote (120587)6/18/2005 10:09:18 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
The down fiver on $AORD must have been a C of a Flat... it just closed at a new all time high. That's pretty bullish. Someone forgot to tell you guys that there is a secular bear market taking place out there..... -g

That's one interpretation - the same as my SP500 interpretation. Or it is just wave A? Though maybe 5 waves aren't allowed when the B wave goes higher?

Actually I am in New York... but most of my money is in Australia. But as of Friday a lot less of it is in the stockmarket. I might buy ITM puts on the index (trading as the STW ETF) Sunday night? Will see what happens...