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To: The Freep who wrote (123355)8/26/2005 2:34:02 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
This SPX wedge idea is now running on fumes. However that tends to be when these things turn, but right here the index is breaking into a deeper correction unless it can recapture yesterday's flag. I will say that these "overthrows" always go further than I think they will.

We'll see. I'm off to the beach now so while I'm gone could you all ramp BSC, COST, and SINA, I would really appreciate it.



To: The Freep who wrote (123355)8/26/2005 4:07:59 PM
From: Moominoid  Respond to of 209892
 
We're more or less on the same page I think... IBM closed that gap from the other side of my H&S... that could be bullish I guess, as it didn't go much below there.

It is a struggle getting the indices down (my stats show that) but any rallies seem to fizzle out pretty fast...


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